Bookkeeping and accountancy, like bomb disposal and brain surgery, are best left to the experts. If you try it yourself and screw up it can take an age to put right – and could land you a hefty fine. Even if you know what you’re doing, it’s a big drain on your time that stops you from doing the more important and inspiring work.
Our advice is to farm out your financial tasks as soon as you can. And when you do farm it out, make sure you choose a tech savvy supplier who can set you up with services like Xero and Receipt Bank.
Lagom Finance is a great option. They offer everything you need to keep your financial house in order at really competitive rates and will keep you up to date with all the tech that you need.
And if you’re a member of the KTC you get an exclusive 25% discount on all of their services. Click here for more details.