One of the most crucial things that you are going to want to figure out during the nascent days of your business in which it would still be finding its footing is what kind of employees you should keep on staff. Since you have so many different affairs that you need to sort out, suffice it to say that managing the books will not be something that you would be capable of taking care of. That is why you need to hire a bookkeeper at the end of the day.
However, bookkeepers are only useful on a day to day basis, and for the more stringent financial analysis that you would only get done once in a blue moon, you might need a high powered CPA from Odoni Partners. The knowledge that these CPAs have is truly fearsome to behold because of the fact that it covers the entire length and breadth of our current financial system, and that might make you wonder why you shouldn’t just hire a CPA and get it over with.
Well, we hate to have to tell you this, but to put it plainly CPAs are just not in your budget if you keep them on your permanent staff. They command an absurdly high rate because of the fact that they are a part of a very competitive profession that requires years to master. Hence, you might get laughed out of the room if you propose this, which is why you should leave CPA hiring for occasional auditing and have an affordable bookkeeper keep track of how much money is coming into your organization and how much is going out of it.