Why Outsourcing Your Bookkeeping?
Why do you need to find an accountant or bookkeeper to do your bookkeeping while you work on selling more?
As a small business owner, it’s common for your day to go in twenty different directions. Between paying bills, managing employees, serving customers and long-term decisions like analyzing costs, there’s simply not enough time in the day to handle everything involved in running a business. If your goal is to grow your business, then it’s time to explore the benefits of outsourcing bookkeeping.
Bookkeeping is a critical function for the growth of any business. It’s a tedious, monotonous task that you can hire somebody to handle in-house. However, one quick look at the benefits of outsourcing bookkeeping will show another solution.
Deciding to use outsourced bookkeeping services is a significant step for any organization. Using a third party can help in many ways obvious and not.
To help you assess the benefits of outsourcing your bookkeeping, continue reading.
If you do not have your QuickBooks Online account yet, get one here with rebate.
PROBLEMS & SITUATIONS
Time (yours) consuming
As your company grows, you have less and less time to do your accounting, yet your success relies on it greatly!
Bookkeeping tasks can overwhelm you and your team and decline the productivity of more important responsibilities, such as customer service, sales growth, operations.
And let's face it, your time is money $.
Wondering if You Are in Profit?
You've compiled some of your numbers, but not everything, and you think you are in profit, but you aren't sure.
Or worse, you haven't compiled anything, and have no idea how much you are spending versus your earnings.
High Staff Costs & Risks
Hiring a full or part time bookkeeper (if you find one!) can cost $40k-60k per year with employee benefits plus training costs.
It also takes time for an in-house bookkeeper to be trained in online accounting systems and no guarantees they'll be a good fit or stay with you.
SOLUTIONS & BENEFITS
Accounting services at a fraction of the cost.
Save Time & Get Efficient
Removing tedious accounting tasks from your team allows focus to be on key areas of managing, selling & growth.
Get Up-to-date numbers
Ongoing monthly accounting will give you an up-to-date
picture of your profits or losses and you'll be able to make enlightened decisions.
No more guesses.
Save Costs & Risks
Contracting out an accounting firm who specializes in online accounting reduces the time and risks of training a new employee in-house and can reduce these costs by up to 70% than a full time hire.
We offer Outsourced bookkeeping and Accounting services, you can see our basic plan here as well as the add-ons, you can read more about the service and you will find testimonials from our current and past customers on our home page.
You are never locked in a one-year term, we base our contracts on a monthly term, with 10 days notice in the event of termination.
Ready to offload your accounting and bookkeeping tasks?
Contact us here to get a price!
Thanks for reading ;-)
Founder of Onyxia Accounting
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