Navigating the Transition: Alternatives for Former Bench Clients
If you're a Bench client, the news of their closure might have felt like a rollercoaster ride. However, there's a silver lining: another company, Employer.com, is stepping in to provide the services you need to manage your business and keep your financial information up to date. While this transition might bring some relief, it's also a good time to explore other alternatives that might better suit your needs.
The Rise and Fall of Bench
I've always admired Bench and the innovative bookkeeping services they provided at a cost-effective price. Unfortunately, despite their best efforts, they were unable to sustain their business model. This raises the question: what will allow the new owner to succeed where Bench did not?
Considering Smaller Bookkeeping Businesses
If I were a Bench client, I would consider turning to smaller bookkeeping businesses. These firms often have lower overhead and marketing expenses but boast experienced teams to handle your monthly bookkeeping needs. Here’s why this might be a better option:
- Expert Teams: Smaller firms can attract and retain a team of experts, a challenge that Bench faced.
- Sustainable Growth: These businesses grow at a slower pace, avoiding the constant need to spend on marketing to generate sales.
- Personalized Service: Smaller firms can offer more personalized service than a large organization like Bench. Look for ones that provide additional services such as monthly meetings and budget planning to better prepare for the future.
- Cost-Effective Solutions: They can be part of your team to help you grow, offering cost-effective solutions that might be even more affordable than the low fees you were paying to Bench.
- Replace Consultants Easily: If something happens to your consultant, they can be easily replaced, ensuring continuity in your bookkeeping.
Steps to Transition
So, what should you do next? Here are some steps to smoothly transition your bookkeeping services:
- Download Your Data: Ensure you download all your transactions, tax filings, and financial statements from Bench.
- Find a QuickBooks Pro Advisor: Take your data to one of the many QuickBooks Pro Advisors. This opens up a world of experts who can keep your financial information up to date.
Why Choose BudgetEase?
At BudgetEase, we would be thrilled to talk to you and see if we would be a good fit for your bookkeeping needs. Our team consists of QuickBooks Pro Advisors who are dedicated to providing personalized, expert service to help your business thrive.
Contact Us to discuss how we can support your business during this transition. We're here to help you navigate these changes and ensure your financial information remains accurate and up to date.