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I'm a blogger for the Outsourced Bookkeeping website - The AccFin Group

What Does an HR Department Actually Do?

The human resource industry was valued at around $16 billion in 2019 and is only slated to grow from there. When it comes to modern business practices, getting an HR department is fast becoming a prerequisite.  But what does an HR department actually do? If you're a business owner, do you really need to get [...]

By |2021-07-20T06:48:41-06:00August 2nd, 2021|HR|Comments Off on What Does an HR Department Actually Do?

Why You Should NEVER Do Your Own Bookkeeping

Bookkeeping is not a task business owners should take on themselves. Many business owners think that DIY bookkeeping will save them time and money, but don't realize that the opposite is true. If you don't have the necessary skills and experience, your process may end up affecting your ability to run your business the way [...]

By |2021-07-20T06:53:48-06:00July 19th, 2021|Bookkeeping|Comments Off on Why You Should NEVER Do Your Own Bookkeeping

5 Advantages of Outsourced Bookkeeping Services

Let's face it, not everyone enjoys bookkeeping. And it's tempting as a small business owner to take it on yourself when in reality, you're spending your days off trying to balance numbers instead of relaxing. And when you look at the pricing, hiring an outside party to keep up with your books may seem like [...]

By |2021-07-01T16:47:40-06:00July 12th, 2021|Outsourcing|Comments Off on 5 Advantages of Outsourced Bookkeeping Services

Why Outsourcing Part-Time CFO Services Is a Good Idea for You

Ensuring your business is on a stable footing and in the best position to grow can be challenging without professional guidance. This is often when an experienced chief financial officer (CFO) can be invaluable. However, hiring a full-time CFO can be prohibitively expensive for many businesses. Using part time CFO services can be an excellent [...]

By |2021-07-01T16:46:15-06:00July 5th, 2021|Outsourcing|Comments Off on Why Outsourcing Part-Time CFO Services Is a Good Idea for You

In-House vs Outsourced Payroll: What’s the Difference?

The US payroll outsourcing services market was worth $4.8 billion last year. Are you considering outsourced payroll but aren't sure how it compares to doing payroll in-house? Learn more about the differences between in-house and outsourced payroll here. Find out the pros and cons of each approach. You'll then be able to choose the method [...]

By |2021-05-20T14:07:34-06:00June 3rd, 2021|Payroll|Comments Off on In-House vs Outsourced Payroll: What’s the Difference?

5 Rewarding Benefits of Outsourcing CFO Services

For many reasons, many SMBs at one point or another choose to outsource some of their services. From bookkeeping to HR, there are an array of different outside experts that can be brought in. CFO services are often recognized as the most valuable that a business can bring in from outside. But what type of [...]

By |2021-05-20T14:08:47-06:00May 20th, 2021|Outsourcing|Comments Off on 5 Rewarding Benefits of Outsourcing CFO Services

Growing Your Business: The Case for Financial Reporting

Managing your company's finances while inspiring confidence in investors to give you a chance, can be a balancing act. You want to keep your company and staff happy while showing outside shareholders that your business is a good bet. This is where financial reporting becomes important. Financial reports are collections of key financial documents that indicate [...]

By |2021-03-08T07:22:26-06:00March 29th, 2021|Bookkeeping|Comments Off on Growing Your Business: The Case for Financial Reporting

How Much Does It Cost to Outsource? Your Guide

As your business grows, there will come a time when you don't have the in-house skills to get a job done. Do you consider an expensive new hire? Or do you spend the time and money training someone in-house? That's a common reason many small companies opt to outsource. But if you have never outsourced before, [...]

By |2021-03-08T07:25:44-06:00March 22nd, 2021|Outsourcing|Comments Off on How Much Does It Cost to Outsource? Your Guide

The Entrepreneur’s Guide: What is Business Management?

When you're trying to make it in the entrepreneur world, developing your skills in business management is vital for success.  You might be asking yourself, what is business management? If you are, you'll be pleased to know we have you covered. This entrepreneur's guide will help you understand the skills and business management hoops you'll [...]

By |2021-03-08T07:27:12-06:00March 15th, 2021|Bookkeeping|Comments Off on The Entrepreneur’s Guide: What is Business Management?

Accounting vs Bookkeeping: Why You Need Both

Are taxes getting away from your small or medium-sized business? In 2018, the IRS found that Americans owe $131 billion in penalties, interest, and back taxes. This is because people underreport their taxes and end up owing more later. They may feel as if they don't have the time to keep up with their income and expenses [...]

By |2021-03-08T07:29:05-06:00March 8th, 2021|Bookkeeping|Comments Off on Accounting vs Bookkeeping: Why You Need Both
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