Outsource Your Accounting and Feel Better in the Morning - PowerPoint PPT Presentation

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Outsource Your Accounting and Feel Better in the Morning


Learn 6 reasons why outsourcing business accounting is better than hiring a full-time accountant for your business. – PowerPoint PPT presentation

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Title: Outsource Your Accounting and Feel Better in the Morning

Outsource Your Accounting and Feel Better in the
  • When theyre first starting up, its common for
    business owners to do everything themselves,
    including keeping the books even if it isnt
    really their area of expertise. But as the
    business grows, it becomes necessary to delegate
    some tasks to others.

  • At this point, the business is faced with a
    choice hire a full-time employee, or contract
    with an outsource company to provide accounting
    and bookkeeping services. Here are the top
    reasons why many choose to go the outsourcing

Accessing comprehensive expertise.
  • In addition to taking the burden of routine data
    entry off your shoulders, a team of CPAs will
    have you covered for financial statements, income
    tax filing, payroll preparation, regulatory
    compliance, sales tax reporting, cash flow
    management and many other areas of specialist
    knowledge. You would have to hire multiple
    employees to match that level of service.

Using the latest technology.
  • For a small business, its often not
    cost-effective to buy state-of-the-art accounting
    software. For your outsource provider, its key
    to their success. The right accounting company
    will integrate their software with your business
    management system, giving you their capabilities
    at a fraction of the cost.

Avoiding payroll expenses.
  • A full-time employee comes with an array of
    costs payroll taxes, workmans compensation,
    unemployment insurance, health insurance, paid
    vacation and other benefits which can be as
    much as 30 of the individuals salary in
    addition to what you actually pay them. Its
    something to keep in mind when youre comparing
    the costs of in-house and outsourced accounting

Saving on overhead.
  • If you maintain your own accounting department,
    you must have somewhere for them to work. That
    means expanding your office space, adding
    computer stations, data storage and backup
    servers, and everything else theyll need to do
    their job. Outsourcing gives you the opportunity
    to go completely paperless with your accounting,
    and leave all the space and equipment hassles to
    your provider.

Focusing on business growth.
  • With the accounting chores out of your hair,
    youre able to put your time and attention where
    it belongs controlling the quality of your
    products and services, staying ahead of your
    competitors, meeting short-term goals and making
    long-term plans.

Getting your life back.
  • As you know all too well, small business owners
    work crazy hours. Freeing up the hours you spend
    on bookkeeping just might let you have your
    weekends off. Relax, recharge, spend time with
    family and friends. Come back to work on Monday
    with fresh energy and a clearer vision to help
    your business thrive.

  • Best of all, you have peace of mind knowing that
    experienced professionals are watching over your
    financials. You can get a good nights sleep, and
    wake up feeling better in the morning.
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