45: Why You Should Consider Outsourcing Your Business Accounting


I have been in business for a long time now. One thing that I learned early on in my business journey is why you should consider outsourcing your business accounting. 

There are so many things that we have to handle and worry about as entrepreneurs. If there is one thing that is important enough to outsource and get help, this is it. 

In this episode, I am chatting with my dear friend Jaime Thompson about the importance of getting help with your business accounting. 

Jaime Thompson is one of Nicholynn Advisors owners, a full-service accounting firm whose focus is on being the trusted business advisor for small businesses and nonprofits. Jaime’s experience working first in a CPA firm and then later as the accountant for a private company gave her unique insight into both sides of the accounting partnership. Jaime is a Lifetime Girl Scout, a role that taught her service above self and always to leave things better than when you found them, both of which Jaime applies to her relationship with her clients. When she’s not working, Jaime enjoys hiking, boating, and spending time with her family, and as a true Marylander, she loves eating crab!

In Today’s Episode, We Discuss: 

  • Why all business owners need accounting reports for their business
  • Whether you should refer to a professional for business taxes
  • Information about the expenses that you can reasonably deduct from your business
  • Which accounting reports are the most important for your business
  • The best simple software to use for your business taxes 
  • What the difference between a debit and a credit is 

If there is one thing that you outsource in 2021, I encourage you to consider outsourcing your business accounting. The peace of mind you will have in knowing that your finances are handled properly is well worth the cost. 

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