What sort of Business Uses A Bookkeeping Bureau??

Ray Stewart Bookkeeping Leave a Comment

There are many possible answers to this question, from ignorance of bookkeeping to focusing on the business growth.  However, this article will focus on the size of business – as a rule of thumb.

Most of our bookkeeping clients seem to fall into a certain size bracket.  There may be many reasons for using us but we mainly act for businesses turning over up to £700,000 per annum.

I could analyse this all day but it seems when a business reaches this sort of size, the bookkeeping starts to be done “in house” by an employee.

I am always more than happy to be involved in the hand-over of the books from our bureau back to a dedicated employee and I will train them in the use of the package so that the client gets maximum benefit from them as soon as possible.

I do not try and talk the client out of this move because I heartily agree with it.  I will actively help them find and interview suitable people.

There have been two occasions in the last year when clients have got to that point and set on a bookkeeper but it hasn’t worked out.  We have then taken the books back into the bureau temporarily.

It isn’t because I have an underlying agenda to sabotage the client taking back the books, it is just that the vast majority of people see bookkeeping as beneath them as a job.  In the two examples, both bookkeepers were excellent at the job but quickly became bored and moved on to “proper” jobs.

Personally, I can understand this as I see it from practising accountants all the time.  They view bookkeepers as failed accountants and not worthy of acknowledgement….and would they attach a bookkeeping service to their client offerings – not on your Nelly!!  They are qualified accountants after all – not bookkeepers!!

Professionally, I think they are barking mad.  Every one of their clients keeps books so why is it beneath the average accountant to help small businesses with their books, or even take them off their hands altogether.

I love bookkeeping myself and I have never hesitated to help out or take over the books of even the tiniest of clients.  Most of the downloads from VT Software’s website are from our smaller clients!!

So.  As far as the size of business who mainly look to us for help goes?  From £1,000 to £700,000 turnover per annum. 

These are generally growing businesses who are too busy to be involved with the books, who don’t understand how to keep them anyway and who realize there are dedicated bookkeepers waiting to help for a reasonable cost, with all the backup of a full professional accountancy practice behind them.

In addition, all the bookkeepers we employ are members of, or training to join, the Institute of Certified Bookkeepers.  That is our commitment to quality offered to our clients.

~Ray

Ray Stewart
I am a qualified Certified Practising Accountant having passed my final exams way back in 1981. I actually can’t believe that was 37 years ago!! Anyway, I am now in my 60’s and I have been running my own business since May 1983. And before you ask, no, I have never regretted a moment of it! Part of the membership requirements of my professional body now dictate that I spend quite a lot of time on “CPD” - continuing professional education (one of their better ideas) - and over the last two years I decided to study business growth and marketing. I have learnt such a lot and that knowledge has radically changed my old “accountants” approach to business. It has made such a difference to the way I work and operate I feel that I just have to pass on this knowledge. It is simply too powerful to hold back!! - but I will try and do it in simple terms rather than expecting you to spend hours, as I had to, working through the difficult language that trainers seem to use to pass on their concepts. I hope you find the blog a useful resource and interesting place to visit as the months pass. I will do my best to keep up the flow - but if there are any topics you would like me to cover, then please let me know. Ray Stewart
Ray Stewart
Ray Stewart

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