Bookkeeping is not hard as long as you have the skills and resources needed to maintain accurate and up-to-date books. Take online courses and training programs and read books about bookkeeping to continually hone your skills and increase your chances of success.

Small business owners are typically fine doing their own books when they're first starting out. They learn how basic bookkeeping works and save money. But when your business starts growing and bookkeeping tasks start taking up too much time, you should consider hiring a bookkeeper.

Bookkeepers and accountants sometimes do the same work, but have a different skill set. In general, a bookkeeper's role is to record transactions and keep you financially organized, while accountants provide consultation, analysis, and are more qualified to advise on tax matters.