I want to share the idea that bookkeeping can take a lot of time or a little time. It depends on how often you do it. The more often you do it, the less time it takes.

   Another advantage of doing your bookkeeping more often is remembering what happened because it just happened. You save a ton of time not trying to remember or research something that happened months ago.

   If you don’t ask for a payment, leave it hanging around as a loose end, or make it difficult, they will not trust that you can deliver on your customer promise.

   I’ve talked to entrepreneurs who tell me they are terrible at getting paid and don’t have a system for collecting money. They scramble around to collect it when they need to pay their bills.

   Unfortunately, having a business comes with bookkeeping. It can be challenging to stay on top of and hard to free ourselves from the nagging feeling of being constantly behind in this area. Even if you outsource your bookkeeping, you still have financial tasks that only you can take care of, like invoicing your customers or updating your Financial Forecast.