One of the biggest mistakes I see business owners make is cutting costs on building their team—you need a bookkeeper.
I know you can ‘just do it yourself’, but here’s why you need a professional: Most importantly, your time is better spent working on your business. You didn’t start you business to be a bookkeeper. You started your business to do whatever it is, it, as in a chef, selling merchandise, a hairstylist—your skill isn’t in balancing your books.
It allows you to focus on your core business—make finances the bookkeepers business. They aren’t fortune tellers, but they can tell you the past and present of your finances through reports, and help you with projections. They ensure you pay “them people” and do it on time, be it business credit cards, loans, or taxes.
Delegating is apart of being a good leader and two perspectives on your finances is often better than one.
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Rianka R. Dorsainvil, CFP®️ is the Co-Founder and Co-CEO of 2050 Wealth Partners a virtual, fee-only comprehensive financial planning firm dedicated to serving first-generation wealth-builders, entrepreneurs, and thriving professionals. Rianka also hosts 2050 TrailBlazers, a podcast aimed to address the lack of diversity in the financial planning profession by engaging industry experts and leaders in conversation.
As an award winning successful, millennial Certified Financial Planner professional, Rianka offers a unique perspective not only on the current state of the financial service industry, but on how to stay relevant in an ever-changing world.
Rianka serves as a member of CNBC’s Digital Financial Advisor Council and CFP Board’s Diversity Advisory Group, is a Forbes Personal Finance Contributor, and has been recognized for her accomplishments and leadership within the industry by leading publications and organizations such as Investment News’ inaugural 2017 Women to Watch Rising Star and Wealth Management’s Ten to Watch in 2018. She has been published in PBS NewsHour, Forbes, USA Today, Black Enterprise, CNBC, Women’s Health, and more.