Small-business owners continually make decisions between doing things themselves or paying someone else to do it. It's a trade-off between the cost of your time and the limited amount of cash at your disposal. When it comes to financial and accounting tasks, it can be difficult to know when it's OK to do it yourself and when you need to pay a professional.
Depositing checks, setting financial goals, paying taxes and setting expense policies are examples of tasks that business owners can do themselves. Preparing financial statements, managing payroll and handling sales taxes are tasks that should be left to the professionals.
Learn more at LinkedIn Today.
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