As a dentist, you probably didn’t choose the field because you love accounting. But you know that simply putting in time at your office isn’t enough to keep your practice afloat, much less growing.
You're either starting a small business and want to set yourself up for success, or you're ready to take existing accounting and payroll responsibilities off of your plate. Either way, should you hire an accountant for your business, take on an annual tax preparer, or outsource your accounting to a monthly service provider?
We chat with a lot of small to medium-sized businesses in the Twin Cities regarding bookkeeping, accounting, payroll, and tax preparation services. And we’ve found that many business owners have the same questions and pain points during the evaluation process.
The adage states, “family and business don’t mix.” But the majority of businesses in the United States are family owned or family controlled. Creating a successful business takes hard work, determination, and trust, and accounting is often the most sensitive area of any business.
Dreams of owning your own company or starting your own business probably didn’t evolve from an inner passion to keep a general ledger or to prepare tax documents.
You likely started a business to focus on something you love. But now you spend more time tracking reports and keeping the books rather than getting out and working on your business.