PKJ CONSULTING - SMALL BUSINESS ACCOUNTING & CONSULTING SERVICES
  • HOME
  • Services
    • SECURE PORTAL
    • Bookkeeping
    • Payroll
    • QuickBooks
    • Start-Up Services >
      • International Setup
      • Business License
  • PKJ Taxes
  • About
  • Blog
  • Events
  • Contact
  • Link Page

​Accounting woes? Learn the benefits of outsourcing your businesses accounting needs.

4/8/2019

2 Comments

 
Picture

 
Many businesses today rely on a trusted accounting professional to handle their accounting needs. With the various changes and complexities to accounting it’s no question there is such as demand. For some, they are still hesitant to use outsourcing as a business practice. While risky for some situations, using an outsourced accountant can be very beneficial. Let’s review some key benefits to outsourcing your accounting needs.
 
Expert advice
 
One of the biggest benefits of outsourcing  is a team or an individual whose main job is accounting. While you may know certain laws, certain write offs, or even certain tax breaks, there is no guarantee you know all there is to know when it comes to accounting. Going with a trusted accountant who eats and breaths accounting practices can increase your confidence in doing it right.
 
Cost Savings
 
Imagine saving money by only using a service when you need it- that’s exactly what you get when you outsource. You only need to utilize the service for specific aspects of your business. You save money by only paying for what you need while saving on not having an employee on payroll who only owns part of that role. The amount of time saved in staff time (and your time) will help with the bottom line.
 
Minimize Risk
 
Worst word you can hear: Audit. Yikes- it has and will happen to many businesses. One way though to minimize that risk is by hiring a professional who has studied and then studied again the new laws, changes, and options for a multitude of businesses. Outsourcing allows you to hire the best of the best while also increasing the chance you avoid the “A” word.
 
Staying current
 
Words like “confused”, “shocked”, “lost” and “why” have been uttered across the internet when polls went out about most people’s understanding of the new tax laws that recently went into place. There are a variety of tax law changes that go into effect each year, and an outsourced accountant is paid to keep track of them all. You do not need to fear the changes when you can rely on a trusted professional who knows them.
 
Relevant systems
 
There is something to be said for keeping up with the times. Phone books are near extinct, Blockbuster has one store left, and MySpace was just a distant nightmare. Staying relevant is vital when it comes to modern day comforts and accounting needs for any business. An outsourced professional has the most relevant systems in place to stay ahead of the curve and keep a watchful eye on your businesses needs. While a sticky pad and a well sharpened pencil may help with tax time, a professional may have a few systems in place to better track your numbers.
 
 
Increase productivity
 
Divide and conquer as the saying goes, is all too true in business. By finding people’s strengths and having them execute on them helps increase any businesses productivity. With accounting needs, outsourcing allows you the flexibility to focus on other aspects of the business, and gives the role of accounting to a professional. This decreases wasted time on crunching numbers.
 
Support
 
Last, but certainly not least is the amount of support offered by an professional. Not necessarily for emotional support, rather for technical support and guidance as the year unfolds. Business trends change, income and deductions vary, so why not talk them out with someone who knows how to manage it all? It’s wise to get ongoing assistance so you can take on the road ahead.
 
Whether you are a new business or a well established one, it’s not too late to consider outsourcing your accounting needs. With PKJ Consulting we would be more than happy to help you get started. If you need to ask a question or you are ready to hand over the task to, we are here to help. Simply contact us HERE to get started!
2 Comments
Zachary Tomlinson link
4/30/2020 09:34:43 pm

I find it interesting to learn that outsourcing a business's accounting leg could save the company good money since they'll have updated accounting-related software plus professional accounting staff. My uncle owns a startup and he's been stressing himself a lot due to accounting-related work. I should share this with him so he'd consider outsourcing it instead.

Reply
Fashion link
11/4/2023 07:28:58 pm

Grreat reading your post

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    March 2021
    April 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    June 2018
    May 2018
    May 2016
    November 2015
    June 2015
    April 2015

    Categories

    All
    Small Business
    Small Business Conversations

    RSS Feed

ADDRESS: 2850 W. HORIZON RIDGE PKWY STE 200
                    HENDERSON, NV 89052


EMAIL:  [email protected]


PHONE: (702) 420-2408
Copyright PKJ Consulting © 2024
  • HOME
  • Services
    • SECURE PORTAL
    • Bookkeeping
    • Payroll
    • QuickBooks
    • Start-Up Services >
      • International Setup
      • Business License
  • PKJ Taxes
  • About
  • Blog
  • Events
  • Contact
  • Link Page