Your Bookkeeping Map
I’d love to share with you today: How many CEOs get stuck doing many things CEOs should not be doing!
👎They are the map keepers…
👎The sales person…
👎The marketing manager…
👎The cleaner (yes, the toilets need cleaning)…
👎The receptionist…
👎The driver…
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The list could go on.
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The business steward, usually the CEO, will step away from this…
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Take all the hats off and assess what’s working in the business, where money is and isn’t being generated, and create a strategy to drive revenue and growth.
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Here’s what CEOs should be spending their time on:
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What activity is producing income?
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What activity is client fulfillment?
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What do I like to do the most and am best at?
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What am I not so good at?
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What does it cost the business for me to do the lower value things and things I am NOT good at?
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The questions showcase the crucial things.
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And bookkeeping – the keeping of the business map is often at the bottom of this list.
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It costs the business owner MONEY when they do this function.
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Why? Because they didn’t get trained to do accounting, right? Or understand how to design and set up an accounting process for the business that shows an accurate financial picture.
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So what happens is that they do the best they can.
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But it sucks up a LOT of time.
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And then they have to pay large sums of money to a CPA at year-end to fix up the mess and manage the late or incorrect tax filings….
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And on top of that: they get a tax bill.
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It all adds up…
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Let’s change this scenario: What if you had a professional bookkeeper & CFO taking care of that map?
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That means the following:
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🙌 You wouldn’t have to waste time every week doing this activity
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🙌 You would have someone that can design the systems and process for you
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🙌The keeping of that map on an ongoing basis means the information is accurate
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🙌You can then use the information to make decisions for the business to keep it on track
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🙌No large bills to clean up an accounting mess and no late tax filings
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It means you don’t have to worry.
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You can then focus on doing what you do best, working to your strengths.
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And may I also suggest hiring a cleaner to do the toilets too…. 🙂
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Want some help?
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Our coffee is good too (and yes, we can do that on Zoom) Book here!
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Yours In Map Keeping.
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Katia