Needing a talented bookkeeper is like needing a talented mechanic—it’s a sign that you’re already in trouble.
You might think you’re in trouble because talented mechanics, like talented bookkeepers, are very hard to find. And very expensive.
But that is a critical misdiagnosis of the real problem.
The real problem is not that it’s hard to find a good mechanic.
The real problem is you are driving a car that’s hard to fix.
A complex car has parts that are unique and hard to find. It has an engine built in ways that prevent speedy repair. And if it’s a model that few mechanics are familiar with, it will be harder for just any mechanic to diagnose issues as they arise.
This makes it harder for them to accurately estimate the cost to fix anything… which makes it harder for you to price-compare. Or, in other words—to protect yourself from getting screwed.
As long as you’re driving this type of car, you’ll be saddled with high costs and low predictability.
Our car analogy breaks down at this point. Because, in reality, your business situation is even worse.
Of course, there’s an upside to driving an old Saab—it looks cool, it drives fun when it’s working. But there is no cool-looking, super-fun upside to keeping your books like this.
It’s just something you’re doing out of habit, not because of any sustainable benefit.
The solution to your real problem is simple: Drive a Toyota.
Any competent mechanic can fix a Toyota, and any competent bookkeeper or accountant will be able to handle your Toyota-style books.
And the good news is, no matter what you’re driving today, Everything Every Week will show you how to turn your books into Toyota-style books.
So let’s work together and get you into that Toyota! You won’t have to spend crazy dollars on your bookkeeping, and you won’t grow dangerously reliant on “talented” bookkeepers. Instead, you’ll have predictability and low-cost maintenance. So you can focus more on where you’re going, not what you’re driving.
Next week: Learn the first rule for keeping your books simple.