Business owners, especially of smaller organizations, have plenty on their plate - sales, marketing, networking, administration, accounting, etc. Managing everything can be overwhelming. Oftentimes, the bookkeeping processes are not properly handled because, well, they just don't feel as critical as building your brand or closing a sale...in the moment.
Frequently for small companies, the bookkeeping process is delegated to a single person. The associated responsibilities can be quite daunting, especially if the employee is not properly trained for the role.
Unfortunately, bookkeeping is completely unavoidable, and negligence always comes back to bite you. Maintaining records in some semblance of order is extremely important in order to understand the financial health of your company.
HERE, GrowthForce president and CEO Stephen King shows you how to avoid the pains.