If you’re a small business owner there is a good chance you clump all your financial activities together.  This can make the whole financial process very intimidating because you are combining sales tax, book keeping, unemployment, sales forecasting and many other activities together into one big mess of tasks.

The easy way to approach it is to break it into many smaller buckets of necessary tasks and outsource the parts that you do not want to do.

For example, you can use small business bookkeeping services like Dashboard Accounting to keep your books current, but that does not mean they need to process your payroll or do your year end taxes.  Many small business owners do not realize that they do not need to use the same person for all of these things.  In fact, it could be better to use multiple companies for different kinds of things as a way to have balance and checks in place to assure accuracy.

Plus, you never want your expensive CPA to be also updating your Quickbooks account weekly.  That is just going to be more expensive than needed.