If you want to have a productive experience with a bookkeeper, you need to start with establishing a long-term relationship. It is essential for a bookkeeper and business owner to have a good relationship because a bookkeeper holds a long-term role. If you are not meeting half way, your bookkeeper can jeopardise your business. Here are five ways you can build a great relationship with your bookkeeper:
Communicate what you need with your bookkeeper
Whether you just need someone to help you with compliance or a person more familiar with your industry, it is important that your bookkeeper knows what you expect from them. If you want growth opportunities and potential partnerships, it should start with knowing what you need. Be clear with your bookkeeper so they have an idea how you are going to work together.
Create a business plan
You cannot expect your bookkeeper to know what goes on inside your head. You need to create a business plan as this will serve as your bookkeeper’s guide. A business plan also serves as an exercise that will help you anticipate problems and get the right solution. When you make it a habit to regularly discuss your business plan with your bookkeeper, you will keep yourself accountable and focused on your company’s key drivers.
Share your vision with your bookkeeper
If you are planning to expand your business or make a big purchase, do not let your bookkeeper be the last to know. Your bookkeeper should be involved when you are making decisions because they can recommend some great practices that can help you maximise your profit and take your business in the right direction. Your bookkeeper can also provide you some money-saving practices that can help you avoid tax penalties.
Collaborate with your bookkeeper in real time
How can your bookkeeper help you if they do not know your numbers? Real-time collaboration must be kept in mind because your bookkeeper also needs to know how your business is doing. Data-sharing and online collaboration tools are important for this process. These tools enable your bookkeeper to analyse data and provide helpful recommendations when needed.
Organise receipts and invoices
Organising your files enable a bookkeeper to know what is going on with your business. Your bookkeeper will be able to work efficiently if the paperwork they need is available. They will also have an idea how they are going to take care of your daily transactions and may remind you of your payment schedule to avoid penalties.