In the mid 1980’s my friend and I decided to start our own business and even went so far as to incorporate it, our thinking being that if we should run into anything financially untoward the corporation would bear the brunt, and not our husbands and their larger incomes.
We learned quite a few things about running a small business, like filing taxes, billing, bookkeeping and advertising. I knew nothing about it, but I became the person who assumed the role of the bookkeeper and for us it was pretty cut and dried: small income in, costs and deductions recorded. For busier small businesses though, having a QuickBooks Pro Adviser do their bookkeeping would be much more efficient and less time consuming. I know if we had it to do over again, we would probably hire a bookkeeping service and work smarter, not harder.