Are you the typical lawyer, small business owner or CPA trying to do everything on your own? But why? Are you really saving money? Let me tell you a secret…your time is best spent focusing on what you do best! If you are a lawyer, you are good at practicing law…no offense but you do not have the patience or aptitude required to be a good law-firm bookkeeper. Plus, you make too much money being a lawyer…bookkeeping won’t excite you. Outsource bookkeeping and non-core tasks to a trusted third party provider.
Can’t I be a good Bookkeeper as well?
Sure you can but do you want to? Let’s take James as an example. James is a great lawyer. He charges his clients about $300 per hour. James used to be the typical do-it-all small business owner. He “tried” to do his own books. He would spend about 5 hours a week –usually Sunday nights — doing bookkeeping. Even then, his books were a mess. He was always at least a few months behind and was not invoicing his clients on time. Needless to say…James was not a very good bookkeeper. Plus, he was a very expensive $$$ one!
James has since outsourced his bookkeeping to Maxim Liberty. His virtual bookkeeper – Sheela – updates the books for James “every day.” Yet, that costs James only $200 per month. More importantly, James is on top of his books and his books are in good shape.
How about the law firm business?
James is now able to bill an extra 20 hours of his time every month. That’s an additional $6,000 in revenue per month = $72,000 per year. And, did I say James is on top of his books? He is able to send invoices and transfer client funds on time. James has used the additional revenue and efficiencies to increase his marketing budget and, as a result, sales. He recently hired another lawyer to work for him. More importantly, James is very happy he does not have to deal with bookkeeping which was something he absolutely hated.
What about that time difference?
Not a problem at all. James spends almost no time on bookkeeping. In the morning, James gets in his office and checks his email for a status update from Sheela. Sheela’s email is waiting for him. It has an attachment with a list of bills and invoices. James pings Sheela over instant messenger. “Sheela, please pay the bills and email/fax invoices to clients!” Sheela pays the bills using online bill pay from Jame’s bank account. She then emails and faxes invoices to clients, and transfers earned funds from trust account to operating account.
Do I have to deal with an Indian outsourcing company?
Sheela is based in India. However, James does not have to worry about where she is from. James only pays Maxim Liberty, Inc. – the company she works for. Maxim Liberty is a US-based company that has been providing QuickBooks bookkeeping services for numerous clients in USA and Canada since 2005. As Mr. Krishnakumar, CEO of Maxim Liberty, Inc. remarked, “We are our client’s best kept secret. Every firm has tasks that can be handled via virtual bookkeepers. Our operations are handled out of India at a fraction of the cost. The quality of bookkeeping is much better because we are 100% focused on QuickBooks bookkeeping. Plus, we can updates the books every day!”
Outsource bookkeeping & other non-core tasks. Improve your business focus, reduce costs and grow your business. Pay as low as $5 per hour for online bookkeeping services vs. the typical $40,000 for bookkeeper and save a ton of money on full-time bookkeeping costs. Use the savings to (a) beat your competition with lower prices, (b) invest in advertising to outgrow your competition, and (c) improve your business focus.
What if I hire someone local for bookkeeping?
Did you hire the right bookkeeper? How long does it take to train your bookkeeper? How much do you have to pay him/her? Do you have to pay your bookkeeper even when there is little work? What if your he/she leaves? Can you deal with all these headaches? I need hot coffee at my desk. That’s still a challenge! Didn’t we say our virtual bookkeeper is 100% focused on bookkeeping? That’s why, you can get your bookkeeping done better AND at a much lower cost! Just let Sheela handle just the bookkeeping for you please!