What image comes to your mind when a bookkeeper is mentioned? Is it the same as mine, a smallish man with glasses in a dimly lit room?  Well friends, the world is changing and that image should now be replaced.  If you work with one of the new breed, your perspective will be changing.  Working from the comfort of my residence with the morning sun streaming through the window, I, a large man with great vision, am a prime example of this new breed that may change your perspective.  How then can I increase the profitability of your business, regardless of your physical location?

There are many major benefits for the business owner in hiring a virtual bookkeeper.

First, there is no need to provide office space for the bookkeeper.  A virtual bookkeeper works from beyond the confines of your office, freeing space for additional staff to work on other company needs. Also, your virtual bookkeeper will not be your employee, eliminating payroll taxes and benefits that would need to be paid to an employee.  The hourly rate may be higher, but the bottom line will be improved.

Next, a virtual bookkeeper is not restricted by normal office hours.  Your business may be able to process an entire day of work, send it off to the bookkeeper at closing and receive reports with updated data in the morning.  Just last night I received bank statements for an entity and I was able to send their reconciliation reports back within a few minutes.  They are now able to move forward with the new information this morning without delay.  The greatest benefit for sole proprietors lies within this point.  Time that you might have spent on your books after finishing your “real” work can now be spent with your family or relaxing.  This benefit can indeed be termed “priceless”.

Also, business owners will now be able to hire based on quality rather than on proximity.  The quality of your prospective bookkeeper will always be higher with more choices.  This will be of the greatest benefit to businesses located in lower population areas where options for hiring a quality bookkeeper are quite limited.

Finally, you can rest secure knowing that your virtual bookkeeper will have no desire or opportunity to share your financial data with the other employees at your business.  This by itself is a significant issue for some companies.  Since a virtual bookkeeper’s livelihood depends on confidence and trust, you can also rest assured that your private data will never be revealed to anyone.