Here is a brief about our services and what our Accounting services in Hialeah, Fl can do for you.
If you were to hire an accounting staff for your organization, you would probably be limited to one or two accounts/bookkeepers, who would have to share all of the accounting duties.
When hiring an accounting/bookkeeping firm, you get access to all the staff members they have available. That would include having access to people with specialized skill sets. There are great advantages to be realized by paying for one person but getting access to multiple people who can process payroll, pay bills, prepare financials and file taxes returns.
Access to the Latest Technologies
As a small business owner, the likelihood you will be able to stay current let alone afford the latest accounting and tax software is very small. Computers and equipment need to be replaced on a regular basis. Conversely, accounting firms are always motivated to invest in intellectual capital and equipment because it makes doing the job easier. They also get the benefit of effectively spreading the costs among an entire roster of clients. If you can eliminate the need to purchase the software, tools (computers, printers) and supplies needed by accountants, you have effectively improved your cash flow and profitability.
Expansion and Scalability
As a business grows, its staff will most likely have to follow suit. If you want to grow your business, the notion you might have to hire more accounting personnel might create issues or put restrictions on your expansion plans.
When you outsource your accounting needs, it’s incumbent on the accounting firm to determine what resources are necessary to continue providing you a high level of services. It’s possible you might experience a small increase in costs, but the extent of those costs will pale in comparison to what it would cost to hire additional accounting personnel.
While it’s not difficult to hire qualified accountants/bookkeepers, it’s not always easy to hire or afford someone who has expertise in all areas. What’s the likelihood you could find or afford a payroll manager who also prepares income tax returns?
What’s the likelihood you could find or afford an IT specialist who also prepares financial statements? By outsourcing, you are paying for manpower, technology, and accounting specialization all wrapped up in one resource. Our office is conveniently located in the city of Hialeah, Fl
Many small business owners are typically unaware of what it will cost to hire even one accounting person. Aside from a salary, you would have to pay payroll taxes, benefits, purchase office supplies, make capital investments in computers/printers, buy/rent office furniture and invest in more office space.
There’s also the possibility you have might have to pay for a full-time person without enough work to keep them busy until the business grows. Oh, and don’t forget the loss of productivity you would experience when going through the hiring process. By outsourcing, you control what you spend by paying only for what you need when you need it.
In an office environment, workers encounter a lot of distractions. While the sales staff is clamoring about a big sale, the bookkeeper is distracted. As the business expands, there are more people coming in and out of the business area, creating hustle and bustle, distractions.
Factory workers are manufacturing, salespeople are selling, marketing people are marketing and business owners (you) are making demands and asking for assistance, distractions. Accounting firms focus on one thing and do it well. They do accounting. They add, subtract, analyze, report and file. The entire work environment is dedicated to accounting/bookkeeping for clients with very few outside distractions.