Hey everyone! I’m Bette Hochberger, CPA, CGMA. When it comes to running a business, hiring a bookkeeper might not seem like the most exciting investment—but it’s one of the most important. Many business owners try to save a few bucks by going with the cheapest option. And while that might feel like a win at first, it can end up costing a lot more in the long run. With bookkeeping, just like many things in business, you get what you pay for.
Cheap Bookkeeping Can Cost You More
It’s tempting to hire someone who offers bookkeeping services at a rock-bottom rate. But here’s the thing: bookkeeping isn’t just data entry. It’s not just plugging numbers into a spreadsheet. It’s about keeping accurate records, reconciling accounts, flagging issues, and giving you a clear picture of your business’s financial health.
When you go with a low-cost or inexperienced bookkeeper, you risk dealing with errors, missed transactions, and poor categorization. This leads to messy books, IRS headaches, and even missed deductions that could save you money at tax time.
What a GOOD Bookkeeper Actually Does
A skilled bookkeeper does more than keep your numbers organized. They help you understand how your business is doing day-to-day, so you can make smarter decisions. They work alongside your accountant to make tax prep smoother, they catch issues before they become problems, and they give you peace of mind knowing your finances are in good hands.
Great bookkeepers also stay updated on the latest tools, apps, and tech to streamline your processes—saving you time and money. They know how to set up systems that grow with your business, not hold it back.
Think Long-Term, Not Just Price Tag
If you’re just looking at the price, you might miss the bigger picture. Paying more for a knowledgeable, experienced bookkeeper means fewer mistakes, better support, and less stress. It’s an investment in your business’s stability and success.
Ask yourself: would you rather save a little money now and risk financial chaos later—or pay a fair rate and sleep better at night?
How to Choose the Right Bookkeeper
Look for someone with solid experience, good references, and an understanding of your industry. Ask about their tech stack—do they use QuickBooks, Xero, or something else? Can they work with your CPA? Do they give you monthly reports you can actually understand?
Hiring the right bookkeeper isn’t just about money—it’s about value. And when it comes to your business finances, cutting corners just isn’t worth it.
In business, every dollar matters—but not all savings are smart ones. When you hire a bookkeeper, remember: you get what you pay for. Invest in someone who’s qualified, reliable, and ready to help your business grow. Your future self will thank you!
As always, stay safe, and I’ll see you next time!
