Hiring a professional bookkeeping firm can seem like an overwhelming task. You don’t want to take any chances – especially with your important business finances. So, how can you make sure that the company you hire will be a good fit? Simple. Know what questions to ask ahead of time. This will help give you an idea of which option would be the wisest choice for your business. The next time you interview a potential bookkeeper, be sure to focus on these 5 key questions.
What are your credentials? This is probably the most important question to ask, because you want the company that is handling your important financial affairs to be highly qualified to do so. Ask what experience and training the bookkeepers have, as well as what affiliations and certifications they may have with specific software products, such as QuickBooks. Also, ask if they have any experience working with businesses in your particular field.
What kind of services do you offer? When it comes to choosing a professional bookkeeping firm the more robust their service offering is, the better. Even if right now you only need a few simple tasks handled, it’s good to know that you already have a professional in your corner if and when the time comes for other things, like tax preparation and payroll.
Do you offer any technological advantages? In today’s digital age, physical boundaries are no longer an issue – even in accounting and bookkeeping. That means that you have the freedom to choose a firm that may be located anywhere in the world – provided that they offer technological tools to handle collaboration. As a bonus, virtual accounting firms offer a significant cost savings as well as convenience.
Will my data be kept secure? Another critical question is how secure your confidential information will be kept. Ask upfront what measures are in place for network and data security, as well as physical and employee security. What is the firm’s backup and disaster recovery plan should something happen down the road? Only work with those bookkeeping firms that offer the highest level of protection.
How quickly can you set up a new client? The last question you should ask will help you determine whether the bookkeeping firm you’re considering has the capacity to take on your business. You want to be sure that their staffing is sufficient to be able to ramp up and manage your project efficiently and that you won’t be left hanging in the lurch.
Of courses, there are many more questions to ask when interviewing a potential bookkeeping firm – many of which are specific to your particular industry and business needs. These five key questions, however, should provide you with a solid foundation and help you narrow your selections so that you can choose the partner that best suits your needs.