For a small business owner or entrepreneur, a bookkeeping service can be a real lifesaver. No matter how you look at it, there are only so many hours in a day, and you probably want to spend them working on building your business, not on working on the details of your cash flow. Given the need for accurate accounting in small businesses, you have three options: you can do it yourself, you could hire a part-time or full-time employee to do the work for you, or you could use a contract bookkeeping service. Each of these has their own set of positives and negatives that can impact the time you have to run your business and the investment you need to make.

If you decide to do your own bookkeeping, then you are committing to a significant amount of time away from your other business activities each week to maintain the books and prepare payroll. If you choose to hire someone for your staff to maintain the books, while it may limit the amount of time you have to spend completing the accounting activities, you will have to pay that person to work for you, possibly including benefits, which can be costly.

Ultimately, the best option for many small businesses and individuals is to hire a firm to complete their bookkeeping services on a contract basis which allows you to choose the services you want when you need them. With our team's knowledge, CDL Accounting, LLC can assist you with not only making sure that your records are kept in an accurate manner, but we can assist you with additional issues such as:
  • Evaluating and maintaining cash flow.

  • Managing your overhead and finding ways to decrease it in the short term and long term.

  • Giving you up-to-date, accurate information as to whether all of the money that is owed to you has been paid.

  • Sales reports that can give you the information you need to make decisions that will help you to build your business or make changes in your business planning.
While bookkeeping may not be the most exciting part of running your own small business, it is a critical feature that can propel your business to the next level or prevent it from ever getting there. Contact CDL Accounting, LLC today for a complimentary consultation as to how we can assist you in maintaining accurate, compliant books, reducing your overhead and making sure that you have been paid what is owed to you.