Services You Can Rely On

Monthly Bookkeeping

Partnering with you to save time and increase profit using the power of cloud technology with QuickBooks Online.

Learn More

Cleanup of Books

Books a mess? Get a top-to-bottom cleanup and enjoy the peace of mind from having accurate, tax-ready books.

Learn More

Diagnostic Review

A detailed and comprehensive report of the errors and messes hiding in your QuickBooks Online file.

Learn More
Understanding Opportunity Cost

The high opportunity cost of DIY bookkeeping

How much more revenue could you generate for your business if the bookkeeping was off your plate?

How many more clients or customers could you serve? How many more business deals could you close?

Let's do the math.

✏️  Let's say you spend 2 hrs/wk on your books (8 hrs/mo) and your billable rate when you do business is $200/hr.

💰 Your opportunity cost = 8 hrs/mo x $200/hr = $1,600/mo

In this example, that's how much more revenue you could be generating per month if your time wasn't spent doing your books. Outsourcing your bookkeeping is key to growing your business. Assuming the cost to outsource your books is less than $1,600/mo (it's commonly around $500-$750/mo), you are coming out ahead!

This example demonstrates the reality of opportunity cost. When you realize there is an opportunity cost (i.e. trade-off ) for every choice we make, it becomes a powerful way of looking at how we spend our time.

If you want to GROW your business, consider the cost-benefit of outsourcing your books. Here's the bottom line: If you can generate more income at your billable rate than what it would cost to outsource your bookkeeping, then outsourcing your books is a positive return on investment. It's a no-brainer!

Book a Free Consultation

Let's talk about how profitable and affordable it is to outsource your bookkeeping so you can focus on driving sales and growing your business.
Schedule a Call