Freelance to Founder Should You Hire a Bookkeeper? (This Might Surprise You)
Nov 24, 2025
Join George Azar, CPA and founder of Bright Budget, as he shares vital insights on managing finances for freelancers and small business owners. He explains the differences between personal and business finances, emphasizing the importance of understanding taxes. George discusses when to transition from basic spreadsheets to professional bookkeeping services, highlighting key signs that indicate you should hire a bookkeeper. Learn how investing in these services can save you time and stress, making your freelancing journey smoother.
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Keep Spreadsheets Until You Need A Balance Sheet
- If a spreadsheet tracks your income and expenses accurately, keep using it as a sole proprietor or single-member LLC.
- Switch to bookkeeping software or services when you incorporate or need balance-sheet reporting for taxes.
Balance Sheet Shows Your Business History
- The balance sheet tells the multi-year story of your business while the profit-and-loss shows a period's performance.
- Preparing financial reports early makes tax filings and transitions to entities smoother.
Hire A Bookkeeper When Time Or Skill Runs Out
- Hire a bookkeeper when you lack time or don't understand bookkeeping tasks and categorizations.
- Consider a bookkeeper earlier if you want another set of eyes, auditability, or to free time for growth activities.