The market for small businesses is growing at an exponential rate, creating a competitive environment for owners. According to Bloomberg Business1 only twenty percent of entrepreneurs that have startup companies succeed after passing the 18 month mark. Small business owners need to focus on opportunities that are going to encourage success. Outsourcing enables companies to be more proficient, more effective, and reduce costs to gain a competitive edge in their market.
Reduce Overhead: There are many costs associated with hiring an in-house accountant, from payroll to healthcare benefits. There is always the business risk of countless dollars spent on inefficient labor. Outsourcing your back office allows you to budget your accounting costs and focus on the essential task of business development.
Save Time: Time is a small business owner’s most precious commodity. Do not use this scarce resource recruiting and training an individual when that time could be spent on maximizing strategic business goals. Hire a CPA firm that specializes in back office support to streamline your productivity.