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October 2, 2025 18 mins

Today on Money Talk With Tiff, Tiffany sits down with Melissa Broughton to tackle one of the most dreaded topics for entrepreneurs: bookkeeping! Melissa breaks down exactly what a bookkeeper does, why every business owner needs one (no matter what stage you’re at), and how skipping this crucial step could be leaving thousands of your hard-earned dollars on the table. 

From decoding the roles of bookkeepers, CPAs, and fractional CFOs to real-life cautionary tales, this episode is packed with actionable insights for business owners and freelancers alike! Plus, Melissa’s offering a fantastic freebie exclusively for Money Talk With Tiff listeners.

Check out the full episode show notes: https://moneytalkwitht.com/podcast-show-notes/business-needs-a-bookkeeper/

What You’ll Learn

  • What a Bookkeeper Really Does: Melissa clarifies the mystery around bookkeeping, explaining it’s all about organizing your financial transactions and keeping your business tax-ready.
  • Why Bookkeeping Is Crucial: Beyond tax time, regular bookkeeping helps you spot trends, manage budgets, and make smarter business decisions in real time.
  • Bookkeeper vs. CPA vs. Fractional CFO: Discover the differences between each financial role (Melissa’s medical analogies make it easy!), and why a bookkeeper should be your foundational hire.
  • The Real Cost of Neglecting Your Books: Hear how business owners are missing out on an average of $7,500 in deductions by NOT having up-to-date books (and how it could be way more).
  • Getting Started (Even if You’re Small): Do you really need a bookkeeper if you’re just starting out? Melissa shares who can DIY and when it’s time to bring in a pro.

Episode Gems

  • Tiffany’s Take: “You won’t get that data just going to a tax professional once a year! You need real-time insights to truly run your business.”
  • Melissa’s Pro Tip: “The expense of hiring a bookkeeper is 100% tax deductible—and makes sure taxes don’t haunt you later!”
  • Melissa’s Free Gift: Download a complimentary electronic copy of The Four Hour Bookkeeper—perfect for DIYers who want to get their books in order.

Links & Resources

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Don’t let bookkeeping be the monster in your business closet! Tune in, grab your free book, and step into your CEO power with clear financials.

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