WHY NOW
If you have landed on this page, it’s because you’ve received the recent email about price increases at BKI. We understand you’re a business owner, and you know price increases happen, and why they happen. That’s why we spared you the details in the email. However, we put this page together to highlight some of them, just in case you needed more information as to why the rate change.
BUSINESS CHANGED
We have been open 15 years, and some of you have been with us since the beginning. There are quite a few of you who are still paying the original prices from 15 years ago. We tried a staggered approach to price raising a few years ago, and about 10 of you are in that bunch that were raised in 2019. We’ve were mindful of that when raising this year. For some businesses the price increases are going to be dramatically more than what you’ve been paying. I understand that it comes as a shock, and you may not be willing to move forward at this new rate. We will make it a priority to ensure you have the smoothest transition possible.
INCREASED QUALITY
Also over the course of the last 15 years, the quality of our product has improved. Accounting, as an industry, has changed dramatically over the last few years, and we want to be on the forefront of the changes to come. Technologically advanced in practices and procedures, as well as refining the production of your financial statement to provide timely reporting that serves a purpose in your business. A Financial Statement you’ll actually read, and commentary that highlights significant changes in your company’s data. We no longer wish to do after-the-fact accounting, and have progressed away from that over the last few years. We are striving to be a cornerstone in your business, an analytical pillar you can trust, and we hope that you welcome this change.
LESS BILLING
A large part of our change was to create less billing work on our end (less tracking, less invoicing, less tracking down payments), as well as less surprises on your end when extra bills come outside of your monthly payments. That’s why we moved to the sort of all-inclusive approach to normal accounting activities. Anything outside this scope is still extra (like creating new company structures), however all the little things that add up each year are now rolled into this one monthly rate. Business license renewals, Secretary of State renewals, tax returns, alcohol license renewals and excise tax filings, payroll, w-2s, worker’s compensation audits, e-verify, etc. I think you get the picture. So in order for us to devote more time to completing quality work for you, want wanted to stop the one-off billing, and devote our time and energy into creating awesome work for you to utilize to make informed decisions about the health of your business.
LET’S SOAR
With the increased rates, we can devote our time and energy into not only “doing the books,” but also researching new methods, better software, and quicker output of product. We’ll be hiring on new staff members to help take care of your company so the burden doesn’t rely on one individual. COVID taught us that not only were backup procedures necessary, but also a better client share system so that more than one person handles your data. This not only allows for more eyes on your prize, but also more minds looking out for what’s best for you. We’re only successful if you are, and we are completely invested in your success. We’re excited to see you stay and invest in ours too.