Acknowledging the need for help is one thing but knowing what kind you need or where to find it is another. Do you hire a PA? Do you employ a bookkeeper? Do you employ a sales person? Or do you outsource to an agency or an accounting firm? First and foremost, though, comes the question: Can I afford it?
The role of an entrepreneur involves wearing many, many hats. Especially in the early days of launching a business there often just isn’t enough cash for you to hire help. You have to be the manager, accountant, salesman and HR department all in one.
Entrepreneurs start a business because of a passion. You have a skill and you grasp the opportunity to turn your passion into a source of income. Only accounting professionals start their own business because they are good at accounting – but it doesn’t take long for entrepreneurs to learn that, whether they are good at it or not, the accounting needs to be done.
This article was originally published on Find An Accountant South Africa, you can find it here if you prefer. The terms “bookkeeper” and “accountant” are often mixed up and used interchangeably. Many a small business owner will tell you that they have an accountant who comes in once a week or once a month to […]
