As the demands of customers shift and change, this often prompts many businesses to consider transitioning to e-commerce.
The good news is that it can be easy to start a successful e-commerce business.
As easy as it is, switching your business to e-commerce can be time-consuming as there are a lot of moving pieces. You’ll need to start by setting up a website that has capabilities to sell products, hiring a photographer to secure product photos, establishing processes for your customer experience, and documenting systems and best practices.
While a VA could do those things for you, a Bookkeeper can take the process and your business to the next level.
Your dedicated BELAY Bookkeeper can import and categorize e-commerce transaction data, including merchant processing fees, chargebacks, returns, sales tax, and more for deeper insights into your financials and revenue forecasting for increased profits.
How A Bookkeeper Can Help E-commerce Business Thrive
Reliable Financial Assistance
To avoid burnout and overwhelm, it can be helpful to start with a brainstorming conversation with your Bookkeeper.
Figure out everything that needs to be done, who is in charge of which part of it, and then schedule your tasks out.
This will give you a clear idea of expectations for how long it will take you until your store is ready to go. Your Bookkeeper will be able to help you not only accomplish the task list but figure out ways to do things better and smarter to save you time and effort in the long run.
Having systems in place before you launch your e-commerce site will help you gain reliable financial assistance from the beginning and throughout – and your Bookkeeper can help you do just that.
Scalable Growth
While business owners are more than capable of managing these tasks, it can get to a point where too many hours are being spent on tasks – when they should be working on strategic plans and relationship-building instead, and BONUS! They can actually save money by hiring someone, too.
For a small business, bookkeepers open up opportunities for long-term savings, objective financial advice, having the time and dedicated attention to detail to make sure no errors are made or nothing is looked over, and, at the end of the day, priceless peace of mind.
Every business has needs that are unique to it and its industry, and having excellent bookkeeping systems and people in place can help you reach your business’s short- and long-term goals faster.
Payroll Management
Bookkeepers will take over processing and sending invoices, as well as executing payroll each month for your employees and vendors so that you can focus on the relationships with your clients and employees.
Using an approved vendor, a Bookkeeper can manage a cumbersome process to help you serve your employees for their hard work.
Tax Preparation
A bookkeeper is what you need if you want to hand off the woes of your finances and taxes — even filing — to someone who loves to get lost in balance sheets.
Your Bookkeeper can help you with tax filing support by collecting all necessary documents and forms and filing your business taxes, including 1099 filings, sales tax, and quarterly filings so you’re compliant with the IRS.
And you can be supported in your e-commerce ventures by a Bookkeeper importing and categorizing e-commerce transaction data, including merchant processing fees, chargebacks, returns, sales tax, and more for deeper insights into your financials and revenue forecasting for increased profits.
Virtual bookkeepers take the pressure off of you to handle all the routine daily tasks that are essential to your organization, but there may be some tasks that you don’t realize they can do.
Flexibility
A great thing about working virtually with a bookkeeper is that there are endless secure systems and apps for the two of you to use to communicate, creating a seamless process.
Bookkeepers take the pressure off of you to handle all the routine daily tasks that are essential to your organization. They are by your side every step of the way and their goal is to make your life easier while adding flexibility back into your workload.
Find the Virtual Bookkeeper That is Right for Your E-commerce Business
Does this sound like your next hire? We’ve got you. Start here and gain some time and sanity back into your day.