1. More time to do what you do best…grow your business. Without having to do your bookkeeping, you will have more time to focus on growing and marketing your business to its full potential.
2. Improve cash flow. We can help you with your accounts receivable collections by providing you with an accounts receivable report that lists all your customers that owe you money, and when it is due. We are also able to prepare monthly statements and email them to customs to encourage timely payment. We can even help you with the collection of past due accounts.
3. Reduce bookkeeping costs. By outsourcing to Redline Business Services, you don’t have the cost of providing office space and equipment along with carrying the cost of wages, benefits, sick leave, and payroll taxes.
4. Reduce accountant costs. By providing accurate and timely financial information to your accountant in electronic form to speed up tax processing, you may be able to save money on your annual accounting costs.
5. You still retain cash control. Because you still look after bank deposits and signing cheques, the cash remains under your control.