What to Look for in a Bookkeeper with Misa Bacon

Are you a business owner who's been considering hiring a bookkeeper? Or perhaps you've been handling your own bookkeeping and wondering if it's time to bring in a professional. In a recent episode of Keep What You Earn, Shannon and Misa Bacon discussed important considerations when it comes to hiring a bookkeeper and what to expect from this crucial professional relationship.

First, Misa emphasized the importance of understanding the role of a bookkeeper and how they can add value to a business. She shared her belief that business owners should have a basic understanding of bookkeeping, even if just for a short period, before hiring a bookkeeper. This understanding allows business owners to actively participate in overseeing their financial records and effectively communicate with their bookkeeper. Misa also stressed the significance of having open communication with a bookkeeper, providing oversight, and being able to question and understand the financial records being maintained.

Shannon and Misa delved into the signs that may indicate it's time to consider a new bookkeeper. One notable sign discussed was if a bookkeeper avoids answering questions or dismisses inquiries with a simple "don't worry, it's right" response. Lack of proactive questioning from the bookkeeper and a strained professional relationship were also highlighted as warning signs. Misa emphasized the importance of liking and feeling comfortable with your bookkeeper, emphasizing the need for a positive and collaborative working relationship.

When it comes to finding the right bookkeeper, Misa stressed the importance of understanding what type of bookkeeper you need. She highlighted the differences between working with an independent bookkeeper versus a large corporation offering bookkeeping services. Factors such as personalization and the level and quality of service were discussed, providing valuable insights for business owners when making their decision.

The conversation then turned to the topic of pricing and how much a business owner can expect to pay for bookkeeping services. Misa shared valuable insights, explaining that pricing can vary depending on the level of service, personalization, and the bookkeeper's experience. She emphasized the value of investing in a bookkeeper who provides exceptional service and support, highlighting the potential benefits of working with a knowledgeable and experienced professional, even if it comes at a slightly higher cost.

For business owners who are considering starting their own bookkeeping journey, Misa recommended starting with a bookkeeping software to get comfortable with managing basic transactions. She also emphasized the importance of setting oneself up for success from the beginning, ensuring a seamless transition should the business decide to hire a bookkeeper in the future.

In terms of resources and learning opportunities, Misa directed listeners to her website, PerfectlyKeptBooks.com, where she provides a wealth of information, including blogs, resources, and opportunities for business owners to ask questions and seek advice directly from her. By offering a comprehensive and supportive online platform, Misa aims to empower business owners to take charge of their bookkeeping needs, whether they currently have a bookkeeper or not.

In conclusion, the discussion between Shannon and Misa Bacon provided valuable insights into what business owners should look for in a bookkeeper. Their conversation highlighted the importance of effective communication, personalization, and the value of investing in a trustworthy and knowledgeable bookkeeper. Whether it's understanding the signs for needing a new bookkeeper, navigating pricing considerations, or preparing to hire a bookkeeper, the episode offered practical advice to help business owners make informed decisions about their bookkeeping needs. Misa's passion for bookkeeping shone through, and her commitment to helping business owners succeed was evident in her willingness to offer guidance and resources to listeners.

If you're a business owner looking to elevate your financial management, consider incorporating these insights into your approach to bookkeeping. By taking the time to find the right bookkeeper and understanding the value they bring to your business, you can build a solid foundation for financial success and long-term growth. Be sure to check out the episode for a deeper dive into this important aspect of business management.

In conclusion, Misa Bacon and Shannon Weinstein’s discussion served as a valuable resource for business owners looking to navigate the complexities of bookkeeping and make informed decisions regarding their financial management.

Misa Bacon is the Founder and CEO of Perfectly Kept Books and your go-to bookkeeping and QuickBooks Pro. She empowers women entrepreneurs to conquer their financial anxieties. Recognizing that bookkeeping can be daunting, she creates a calming, fun experience that feels like chatting with a supportive friend. Her Texas warmth shines through, making complex financial discussions approachable and stress-free. Driven by a desire to raise her creative daughter in a world of empowered women, Misa champions women-owned businesses, providing empowering bookkeeping services and building strong financial foundations for their success.

Bookkeeping checklist download: https://perfectlykeptbooks.com/resources

Website: https://perfectlykeptbooks.com/

Socials: @perfectlykeptbooks

What you'll hear in this episode:

06:33 Bookkeepers are crucial business partners; liking them matters.
09:15 Hire professionals with human interaction and expertise.
11:01 Open communication essential for business and bookkeeping.
14:22 Consider personal vs corporate bookkeeping services when choosing.
18:35 Success comes at a price, no discounts.
21:20 Start using accounting software early for success.

If you like this episode, check out:

Do You Really Need a Business Plan?

Want to Leave Your Corporate Job? It's Easier Than You Think

3 Reasons to Separate Your Business Money from Personal

Want to learn more so you can earn more?

5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh

Visit keepwhatyouearn.com to dive deeper on our episodes

Visit keepwhatyouearncfo.com to work with Shannon and her team

Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.