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Most people who start a new business have technical skills in their industry, but frequently have little or no bookkeeping experience or knowledge. Since bookkeeping costs money and does not create revenue, it’s usually the last thing an entrepreneur wants to consider.
Wise business decisions can only be made with good information. If you do not know whether your company is making money, you will make poor decisions. A good bookkeeper is crucial!
Proverbs 4:7 says, “The beginning of wisdom is this: Get wisdom. Though it cost all you have, get understanding.”
If you’re a new business owner, budget money for a good bookkeeper sooner rather than later. They can save you money on taxes. But more importantly they can provide good information that will help you make wiser decisions.
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