Today, business leaders throughout virtually every industry depend on reliable bookkeeping services to keep their finances on track. At the same time, not all
bookkeeping services are priced the same. Depending on which in-person or online
bookkeeping firm you choose, the services may be available at a fixed price, on a value
pricing basis (based on volume), or at an hourly rate.
When given the choice between these three options, there’s a reason why savvy
business leaders choose fixed-price bookkeeping services. As fixed-price bookkeepers
ourselves, our No Stress Accounting team walks through the benefits you need to know.
1. Excellent Affordability (Even After Scaling)
Clear communication is the cornerstone of fixed-price bookkeeping. By understanding
exactly which services you need, you can keep your books in line at a price you can
afford. For example, small businesses may opt for:
• Monthly financial reports with trend analysis
• Tax filing services
• Bank statement reconciliation
• Data maintenance
• And record-keeping for accounts receivable
By precisely selecting each bookkeeping service, you can keep your expenses low even
as you scale your business.
2. Fairer and Faster Support
With value pricing or hourly pricing, subjectivity tends to creep in. As a result, business
leaders may find themselves either overpaying or facing sticker shock when the final bill
comes due. As a result, the services offered within these pricing models may be slower,
as the accounting teams are less incentivized to expedite their work.
On the other hand, fixed-price bookkeepers offer fair, transparent pricing that’s
consistent from client to client. Likewise, they have an incentive to prioritize each
client’s account, meaning streamlined turnaround times for your business.
3. More Consistent Expenses
For small businesses and SMEs, predictability precedes profitability. By preemptively
forecasting expenses, business leaders can control their spending, maintain their
budget, and ensure their books are in the black at the end of each reporting period.
Ultimately, fixed-price bookkeeping lends way to greater consistency.
Closing Remarks
When given the choice between the three pricing models for bookkeeping services,
fixed-price bookkeeping offers the greatest speed, consistency, and affordability. In
turn, business leaders can prevent cost overruns while ensuring quality financial
records.
Based in Silicon Beach, our No Stress Accounting team offers dependable fixed-price
online bookkeeping services. For more information, please visit nostressaccounting.com.
For questions or to get started, we invite you to reach out today!