Did you know that the average small to medium-sized business typically spends two to five percent of its gross revenues on properly staffing and training its internal accounting department? It may not seem like that much to some but for a business owner like you who may be working on a tight budget, it can be a bit on the pricey side. Many business owners simply do without effective accounting to save money. That is, however, very unrealistic and downright risky to boot. Hopefully, that’s not what you’re doing but, if it is, we can help.
At DeepSky, we specialize not only in accounting and bookkeeping but also in outsourced accounting. Why should you outsource your accounting to a professional firm like ours? The simplest answer is that it can save you a substantial amount of money. The secondary reason is that it can save you a lot of headaches down the road.
Lower Your Costs
When you outsource your accounting, you can end up lowering your total costs exponentially. Outsourcing eliminates the expenses that are related to accounting software, as well as employee training and benefits. In addition, it can save the lost money that can stem from a major financial error’s negative consequences. Those are the things that can cost you way more than what you would be paying to bring in an outsourced accounting professional for doing the job properly.
Not Just for the Big Boys Anymore
Many small business owners have made the recent discovery that outsourcing is the way to go, especially when it comes to accounting. That’s because it can really be a fantastic method for keeping your financial recordkeeping and reporting costs low but the overall quality high. Outsourced accounting is no longer reserved for big companies anymore. Today’s often tighter budgets for operating a business are making owners and operators look for all of the best ways to save money without sacrificing quality,
Improving Your Accounting Processes
Another benefit of outsourcing your accounting processes is one that most business owners don’t even think of. It’s the fact that outsourcing can give you the opportunity to improve and upgrade all of your financial accounting processes without a major cash outlay. You’ll have a whole new set of financial controls and best practices for improving the efficiency of your vital data, while also ensuring that it’s always up-to-date.
No Penalties and Interest for You
Meeting regulatory requirements is an important part of owning a small business. Not meeting them just because you can’t afford an in-house accountant isn’t an option. The state of California and the IRS really don’t care about your financial shortfall and lack of a fully-functioning accounting department. They’re more than happy to impose penalties and interest when you get behind. The key is to make sure that it never happens by outsourcing your accounting and letting us take care of all of that for you.
Get a Free Quote Today
Simplify your accounting processes and find the freedom to grow your business. Outsourced accounting could be the perfect solution, so contact us at (949) 200-6829 for your free DeepSky outsourced accounting quote.