TBL Episode 45: Why is good bookkeeping hard to find for online businesses?
Aug 26, 2019•28 min•Transcript available on Metacast Episode description
It’s incredibly difficult to find good bookkeeping in an online business. We’ve onboarded 125-150 online businesses over the years and this generally rings true: if a new client signs up to work with Evolved Finance and they had a previous bookkeeper, the books are going to be a hot mess over 90% of the time. Bookkeepers don’t need any special certification; they don’t have to follow any standardized industry practices, and very few specialize in specific industries so they can become experts. That’s why in this episode, we discuss: - Why finding a good bookkeeper is so difficult
- Why bookkeeping options for online businesses are so crappy
- How bookkeeping works and why it’s important for your business
- Why your bookkeeping shouldn’t just be about your taxes
- What you need to understand about what a bookkeeper does for your business
- Why we made the decision to specialize in online businesses at Evolved Finance
