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Save you time, money, and a lot of
grief. |
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As a business owner, you will have more
time to run your business, and at the end of the month
(or more often if necessary) you will have a clear,
accurate picture as to how your business is doing. By
delegating your bookkeeping tasks to a bookkeeper you
will then have more time to pursue new business and
possibly more opportunities for growth. It makes a lot
of sense. |
Why hire an outside contractor for your
bookkeeping needs?
From a financial standpoint it makes sense. Besides saving the
money spent on the payroll itself, you can also save by not
having to pay Social Security taxes, Medicare taxes, federal and
state unemployment taxes, state employment training taxes,
workers compensation payments, possible medical & retirement
contributions, and fees to the payroll company. There are no
vacations, sick time, or holidays to pay for when no work is
being done. A side from the money, there are other reasons: you
avoid federal and state payroll filing requirements, there is no
equipment or office space to supply, no risk of wrongful
termination lawsuits, discrimination lawsuits or messy
terminations.
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