How to Hire A Bookkeeper for Your Small Business | 5 Easy Steps

There is so much to do when starting a small business, but ensuring your bookkeeping is complete and accurate should be pretty high up on that list. Joe is breaking down the 5 steps you need to take to ensure you find the right bookkeeper for your business.
The 5 steps Joe covers are:
1. Educate yourself
2. Create a list of service providers
3. Interview
4. Select Your Bookkeeper
5. Monitor their performance
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FAQs
What Can I Write-off? bit.ly/EXPENSESCAN
Should I incorporate my business in Canada? bit.ly/INCORPCAN
What is a shareholder loan? bit.ly/SHLOANCAN
When and How Should I Hire an Employee? bit.ly/hirelikeapro
Should I offer profit sharing? bit.ly/PROFITSHARECAN
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If you are looking to incorporate (in Canada) and want to save some cash, check out Ownr with our affiliate link: www.ownr.co/partners/avalon-a...
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Check out some of our FREE guides:
Starting Your Business Guide:
joecollins.typeform.com/to/bc...
Business Owner’s Productivity Guide:
joecollins.typeform.com/to/zJ...
Financial Foundations Guide:
joecollins.typeform.com/to/jF...
1 Million Dollar Service Based Business Guide: joecollins.typeform.com/to/e2...
Manage Your Own Bookkeeping Course:
avalonacounting.thinkific.com...

[@coachcarenfern]

This was such a great video as I'm a new bookkeeper, but over 40 years of business experieces. Thank you

[@AvalonAccounting]

Glad you enjoyed it!

[@wardnefi]

Very helpful. Thank you.

[@waynecho4947]

Hi Joe. Thanks for the video. This was very helpful. Do you do a bookeeping for manufacturing companies too (bakery production)?

[@finiarelk]

Fantastic Video Content, Thank you for making this video. Soo many points I wish I had knownt he first year of starting my business, great advice

[@AvalonAccounting]

You're very welcome! Thanks for watching!

[@3denToth]

This channel is such a generous resource. 🇨🇦 For your next Q&A: can you set up a corporation with a simple ownership structure, but later transfer ownership to a HoldingCo? I know the OpCo-HoldCo setup has some benefits in the long run, but it seems onerous to administer two corps when things are still small.

[@AvalonAccounting]

Thanks so much! I will definitely add this to the next Q&A. The short answer is yes, it can be done later. You would usually hire a tax specialist or tax lawyer to help with this kind of transaction.

[@xavytex]

Hi, I'm a self-employed carpenter. I spend money for material with the credit card. I receive money on my savings account. Credit card balance gets withdrawn from the saving account at the end of the month. I invoice my customers for the stuff I bought on their behalf +25%, along with the labour. Why would I need a bookkeeper ? Thanks, Xavier

[@dcwshoreline5416]

Great video Joe! Did you get your firm to 5million topline revenue yet?