Stephen Covey has sold over 25 million copies of his influential "The Seven Habits of Highly Effective People". His advice to "keep the main thing the main thing" is certainly pertinent if you are considering outsourcing your payroll administration. If your business is about amazing customer service or efficient operations don't be distracted trying to do payroll administration. [...]
The global outsourcing market is worth an estimated $85.6 billion. Outsourcing is a great way to cut business costs while getting services you need. But did you know you can outsource the duties of your chief financial officer (CFO)? Outsourced CFO services can give your business a competitive edge. But what does an outsourced CFO [...]
According to the U.S. Small Business Administration, there are currently 30.2 million small businesses scattered around the country. Millions of bright, hungry individuals just like yourself have put their blood, sweat, and tears into making their business a success. Sometimes that means knowing when to step back and let someone else handle a task. [...]
You know how you feel when you check the mail and find nothing but bills? If accounting and finances make you feel like there are so many expenses you can't see the rest of the business, you may need another set of eyes. An outsourced CFO can help you see the bigger picture and improve your [...]
Once your business reaches a certain size, you need to think about appointing a chief financial officer. They're not just in charge of your money. They're a key figure in ensuring your business finances aren't in danger. But what does a CFO do that you couldn't do yourself? With salaries for in-house CFOs reaching nearly $500,000, is it [...]
A 1099 employees can make a huge impact on your business, here's how! As a manager, you might cringe at the thought of using freelancers to take care of your business. Truth is, it's the way the working world is transitioning. When exploring your options, you might start to wonder what the difference is [...]
What if too much money was actually a bad thing for your business? For small businesses, a big challenge is figuring out what their cash reserves should look like. How much is too much and how much is too little? Keep reading to discover what is best for you and your small business! The Importance [...]
Almost all the businesses in the U.S. are small businesses. Chances are you're one of them, and you're probably doing it all. But without superpowers, you may be feeling like some of the balls you're juggling are slipping. How many do you need to drop before you're ready to outsource some tasks? Bookkeeping is a [...]
Did you know that 40% of small to mid-sized businesses incur IRS penalties? The average penalty amount sits at $845. These penalties are incurred thanks to incorrect payroll filings. Which is why - if you are thinking of doing your own payroll - it's super important that you make sure you know what you are doing [...]
According to experts, the average CFO salary is about $130,249 dollars per year. Paying this salary might make you think twice about hiring a Chief Financial Officer for your company. Yet, you should consider outsourcing your CFO services to have an edge over your competitors. The ideal officer will help you take your business to the next level. [...]
