3 ms·
I personally found that doing my own accounting was a terrible waste of my time. I hired an extremely competent person for $20-25/hour (in Canada). Time was my
by cmer 16y ago
I personally found that doing my own accounting was a terrible waste of my time. I hired an extremely competent person for $20-25/hour (in Canada). Time was my most valuable asset as a founder, so I think outsourcing such a non-critical part of the business for so little money makes total sense.
EDIT: $25/hour was for day-to-day accounting. Year end taxes were obviously more expensive (~$500). The company was a Delaware C Corp.