Why Outsource my Accounting Department?
There are a lot of reasons to outsource your accounting department but the most important one is that you will get a higher value and have less cost outlay than when hiring an in-house accountant. You are proud of the service you provide and you should be spending your time focusing on that niche. By outsourcing your accounting to an accountant you will free up your time to do what you do best. Time is wasted when you are not in front of your customers selling your services. Perform the analysis of what it costs you per hour to do your business accounting. You will find it is a no-brainer to outsource.
How can an outsourced Accounting Department help me manage my business?
The hiring and training process is expensive. Finding the right people to fill your accounting department is counter effective. When you outsource your accounting needs, you will no longer need to spend time worrying about that part of your business. Your time will be freed up to perform your core duties.
Won’t I lose control of the books if I outsource?
The short answer is NO. You will have more control since you have hired a professional which will give you more financial information at your fingertips. You will also have more time to do the things that matter to you and not have to work as hard.
I already have an extra employee around here to help with those things.
If you need someone to make coffee and complete the small tasks, that is great. But you need to think about this. How easy is it to find someone who knows about Quickbooks, financial analysis, tax preparation and can do accounting on any number of accounting packages? A person who does not just play around with the accounting software but knows how to make it work. A person certified as a Pro-Advisor on Quickbooks. Someone whose number one job is to make sure your accounting is done timely and accurately. Aren’t you tired with worrying about the financial part of your business?
How much will it cost?
Actually less than what you are spending right now. First we will probably charge less than you are currently paying for your accounting services. Plus, you will be able to save on the hiring and training costs and dealing with turnover issues. Best of all, you will not need to manage the bookkeeper. Our cost is related to the ease of working with you and having our questions answered as we go along. I think you will be pleasantly surprised.