3 Myths About Bookkeeping That Are Ruining Your Small Business

Outsourced bookkeeping is sent overseas to people I don’t trust with my small business

We’ve all gotten that email. You know the one. A profoundly wealthy and superbly educated prince has been dethroned. He needs your help getting to his vast riches. Which he will selflessly share with you, if you send him your social security number and mother’s maiden name.

But his email has just one too many typos, and most likely originated overseas. Some people, then, might falsely deduce that since we outsource labor overseas, outsourced bookkeeping is overseas, as well.

But VaroTeam has offices strategically located in MiamiNew York, and Denver. Not only is VaroTeam a trusted East-coast venture, but it also boasts, sterling five-star reviews on Google.

The Co-Founders Helen Kakouis, CPA and Giuseppe Salamone who has a Master of Accounting degree, obtained their experience at Fortune 300 companies before coming together to create VaroTeam.

Bookkeeping involves such basic mathematics and simple data entry that anyone can do it, including me

A lot of small-business owners think that bookkeeping is just rudimentary data entry and elementary math. It is a common misconception that often gets its believers in trouble for two reasons.

First, some small-business owners view do-it-yourself software, such as that offered by Intuit, as a more cost-effective approach to bookkeeping than an outsourced firm. Those small-business owners soon discover that the difference between DIY software and a professional bookkeeper is like the difference between a nickel and C-note.

Bookkeepers analyze patterns in a business’ finances to help improve its bottom line. While software is exponentially getting smarter, only a highly trained human can think this way. In fact, a truly qualified bookkeeper publishes case studies on the patterns he finds and how he fixed any discrepancies.

Second, with or without software, many small-business owners think “I got this.”. But after devoting all of the time truly necessary to balancing their books, they’ve already lost control of what mattered to them the most: their business.

Bookkeeping is an outdated profession used by outdated people

When most people think of a bookkeeper, they imagine a milquetoast, spectacled old man with a candy-cane back, hunching over receipts.

This is far from the truth.  VaroTeam had a diverse group of people that have come together from all walks of life to help change the trajectory of your business and give you time to do what you love.

Don’t be one of those small-business owners. Schedule your free consultation by clicking here.

By Giuseppe Salamone, Co-Founder at VaroTeam

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