A business model is, in essence, the way a business is structured to make money. If you want to build a virtual business model for your company, where you use information technology and the minimum number of employees, outsourcing your bookkeeping and payroll is a great first step. Here is a look at how to build a virtual business model through outsourcing.
A virtual business model can be difficult if not impossible to implement if you do not have the right software and expertise to manage your business information. With the help of a professional outsource bookkeeping service you should have no trouble getting the financial reporting aspect of your virtual business model operational. The bookkeeping service should have well trained professionals, certified and knowledgeable in QuickBooks software. QuickBooks, which is used by 83% of small and medium size businesses, is basic a building block for any successful virtual business.
An outsource bookkeeping service will be able to access your computer via the internet providing real time, actionable financial information on which to base decisions. If you need to get information to the bookkeeping service look for one that offers free pickup and delivery. All of your information can stored in the QuickBooks program for easy future reference reducing the usual piles of paper.
The fact is some bookkeeping services are better than others so make sure you research and locate several knowledgeable and experienced bookkeeping services. Then set up consultations to determine if they meet your requirements to put your virtual business model into action.
The author: Dawn Contardi, owner of Sharp Bookkeeping Service, a Certified QuickBooks ProAdvisor and a member of the American Institute of Professional Bookkeepers with 25 years of experience can be reached at 732-458-3800 or contact us.