Monday, March 14, 2011

Why should I outsource my bookkeeping?

A client recently asked me, “why should I outsource my bookkeeping when I can do it myself?” Some small business owners might view outsourcing as giving up control of a key part of their business. Companies are staring to recognize the need to stay focused on what they do best - -their core competency. Using Traders Accounting Bookkeeping means one less internal function that takes time and resources away from what really determines a company’s success. Here are just a few reasons how outsourcing can benefit your small business:

 Recordkeeping can be a tedious task! The amount of time you save by using a professional, can be used to gain more visibility in your market. Getting exposure can sometimes be the most costly part of any small business.

 Let’s face it, in these economic times we are all looking to save money. With outsourcing, accounting departments can take advantage of trained professionals for a lower cost. For example, if you were to call your local CPA, you would more than likely pay between $65-$200 per hour for consulting. Using a professional bookkeeper at Traders Accounting will minimize the cost for a CPA and accounting consulting.


 Accountants and bookkeepers have access to technology and tools that can be costly to a small business owner. Outsourcing gives you the advantage to use these tools while keeping your costs at a minimum.

I can personally tell you that most clients I speak with don’t want to be bothered with recordkeeping. Unlike most business, traders are limited to the open and close of the market when conducting business. Once the market closes, recordkeeping is the last thing they want to worry about. Why not let a professional bookkeeper at Traders Accounting take care of it? You trade, we’ll do the rest!

7 comments:

Nery Freiler said...

Many companies undergo outsourcing to cut down on expenses. The money they save in consulting costs usually go to other aspects like technology or infrastructure upgrades.

Sam Smith said...

I was thinking the same thing. Then i got in touch with Bookkeeper Melbourne and it make a such a difference.

business accounting software said...

Any computerized accounting/bookkeeping system that you understand and will use regularly and correctly will do just fine. The key is that you need to remember to enter everything into the computer accurately.

business accounting software said...

Any computerized accounting/bookkeeping system that you understand and will use regularly and correctly will do just fine. The key is that you need to remember to enter everything into the computer accurately.

Anonymous said...

Accounting outsourcing solutions is nothing but giving your human resources perform to be managed by a third party. Sales companies are run by professional professionals to do your perform and make you focus on Generation and Marketing of your goods and solutions.

Outsources Bookkeeping

Anonymous said...

Accounting outsourcing solutions is nothing but giving your human resources perform to be managed by a third party. Sales companies are run by professional professionals to do your perform and make you focus on Generation and Marketing of your goods and solutions.

Outsources Bookkeeping

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