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Business By Design
Business by Design is the podcast for owners who want to start, scale or exit a business. Each week, Stuart Wemyss and Mena Abraham unpack the four things every business must get right: value, engine, reach and team. Using the VERT flywheel, they show how these fit together to build a business that runs without you, and how the choices you make inside the business flow through to your personal wealth, lifestyle and exit options. Every episode is short and to the point, with no fluff and no sales pitches. Go to https://www.vertflywheel.com
Business By Design
Ep 19: What to look for in a bookkeeper (and how to find a good one)?
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This week, Mena and I discuss how to choose a bookkeeper, including:
- When you should be doing your own bookkeeping?
- If your business as some complexity, look for experience in your industry
- Functions they should perform include bank reconciliations, payroll, BAS (if a BAS agent).
- Knowledge of your accounting software (shouldn’t be using anything that isn’t cloud based).
- Ask your accountant for a referral to a good bookkeeper or Xero has a register of certified bookkeepers.
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Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.
Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedIn
IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.
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