599 – When Should You Outsource Your Bookkeeping?
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 9 March 2026
⏱️ 34 minutes
🧾️ Download transcript
Summary
When to outsource your bookkeeping, how outsourcing compares to hiring an in-house bookkeeper, and best practices for working effectively with a bookkeeping service.
Show Notes Page: https://www.thehowofbusiness.com/599-outsource-your-bookkeeping/
Knowing when to outsource your bookkeeping is an important decision for small business owners. As your business grows, bookkeeping becomes more complex, more time-consuming, and more critical to making informed decisions.
In this episode, Henry Lopez is joined by bookkeeping expert Jodi Arrant to discuss when it makes sense to outsource your bookkeeping instead of doing it yourself or hiring a bookkeeper in-house. They explore the common signs that indicate it's time to get help, the advantages of outsourcing, and what to look for when choosing a professional bookkeeping service.
Henry and Jodi also explain how business owners should work effectively with a bookkeeper to ensure accurate financial reports and better decision-making. Even when you outsource bookkeeping, Henry emphasizes that business owners must stay engaged with their financials and review their reports regularly.
"If you're running your business without accurate financials, you're steering partially blind." - Henry Lopez
They also discuss practical best practices for reviewing financial reports, communicating with your bookkeeper, and building the processes needed to keep your financial records accurate and useful.
Henry also shares more about The How of Business: Bookkeeping, a service designed specifically for small business owners who want professional bookkeeping support without hiring a full-time bookkeeper.
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Transcript
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| 0:00.0 | Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, |
| 0:11.3 | run, and grow your small business. And now, here is your host. Welcome to this episode of the Howa |
| 0:17.1 | Business. This is Henry Lopez and my trusted service partner and repeat guest, |
| 0:22.2 | Jody Arendt, welcome back to the show. Thank you for having me. |
| 0:25.6 | Totally. We're going to talk some more bookkeeping here, but from a business owner's perspective. |
| 0:29.2 | So back on episode 58, Jody joined me and we had a broad conversation about bookkeeping fundamentals. |
| 0:37.0 | We talked about and announced our new |
| 0:38.8 | the How a Business bookkeeping service. I'll share some more about that today. But today is going to be a |
| 0:43.9 | deeper dive. We're going to ask these questions. When should you outsource your bookkeeping versus |
| 0:49.6 | maybe you doing it yourself as a business owner or hiring somebody to do it in house, |
| 0:55.2 | when should you make that decision to outsource? And why might that be a better option and |
| 0:59.6 | when in your business? And then how do you work effectively with an outsource bookkeeper? |
| 1:05.2 | And really some of those rules will apply even if it's your internal bookkeeper, but more so |
| 1:08.9 | when you've hired an outside of your company |
| 1:11.7 | bookkeeper, what are some best practices there? And of course, Jody is an expert. She has her own |
| 1:16.8 | bookkeeping firm. She is a bookkeeper herself, a Quick Book Certified bookkeeper. And so she's going to |
| 1:21.8 | help me with addressing those questions. You can find all of the How of Business resources, including |
| 1:26.6 | the show notes page for this episode, |
| 1:28.5 | and to find out more about my one-on-one in group coaching programs and our new bookkeeping service, |
| 1:33.4 | all of that. Just go to the howab business.com. I also invite you to consider supporting and |
| 1:38.2 | joining the Howa Business community on Patreon and subscribe, wherever you might be listening, |
| 1:43.0 | so you don't miss any new episodes. |
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