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  • Writer's pictureedenbookkeeping

Why do the self employed and sole traders need a bookkeeper?

Updated: Jun 30, 2023

Are you tired of spending hours pouring over receipts and trying to make sense of your financial records? Are you worried that you'll miss something important and end up with a hefty fine on your #selfassessment tax return? If so, it might be time to consider hiring a #bookkeeper.

Now, I know what you're thinking: "But I'm a #selemployed #soletrader! I don't have the budget for a bookkeeper." Trust me, the investment is worth it.

Think about it this way: a bookkeeper can take away the stress of your record keeping, freeing up your time to focus on what you do best – running your business. No more late nights spent trying to balance the books or worrying about whether or not you've missed something. A bookkeeper can handle all of that for you, ensuring that your self-assessment is submitted on time and avoiding any pesky penalties.

But the benefits of a bookkeeper go beyond just saving you time and stress. They can also help you keep track of your expenses, make sure you're claiming all the #deductions you're entitled to, and provide valuable insights into your financial performance. They can even help you plan for the future, setting you up for long-term success.

Most bookkeepers work virtually so you don't necessarily need to choose a local bookkeeper which means you have plenty of choice to find a bookkeeper that fits your business. We welcome clients to our Canvey Island based office but we also work with clients all over the country, either way we talk to our clients regularly and become part of their team.

So if you're a self-employed sole trader feeling overwhelmed by your financial record keeping, consider hiring a bookkeeper. Trust me, it'll be worth the investment. Not only will it take the stress off your shoulders, but it'll also free up your time and give you peace of mind knowing that your finances are in good hands.


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