Stop Doing Your Own Books (And Get Your Nights Back🌘)

The Unfortunate Reality

Here's what my life used to look like: 

  • 7am-4pm: On the tools
  • 4pm-8pm: School pickup, dinner, gym (if I’m lucky)
  • 8pm-11:30pm: Wrestling with receipts, quotes and invoices.

What makes me even more depressed thinking about this today?

Mate, You’re Not An Accountant

When you're doing your own books, you’re: 

  • Working double shifts
  • Missing family time
  • Making mistakes because you're exhausted
  • Losing focus on the other aspects of your business.

Worst of all? You're probably not even doing it right.

Find Yourself A Bookkeeper

Most accounting firms have a full time bookkeeper. Find one. They’ll handle all the boring stuff:

  • Do all your bank reconciliations
  • Organise receipts and invoices
  • Manage tax and GST payments.

Some will even prepare quotes if you give them the right info.

It’s Totally Worth It.

Here's the beauty of it: A professional bookkeeper will only cost you $100-300 per month.

Remember, they do this for a living. So they'll do in 3 hours what takes you 15.

It’s a small price to pay to get your nights back.

Some practical tips:

  • Find someone you trust to discuss financial matters with. Try out other bookkeepers if your current one isn’t a good fit.
  • Ideally, look for someone who understands the construction industry.
  • If you’re on a tight budget, you can source super cheap overseas bookkeepers from sites like Upwork or remotestaff.com.au

 

Stop pretending to be an accountant. Start being a builder/tradesmen again.


Thanks for reading! 

Cheers,
Josh

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