As a small business, we understand the variety of decisions that need to be made by business owners. You, as the business owner may be responsible for functions such as marketing, hiring, payroll, accounting and recruiting. These activities can be overwhelming and also take focus away from the mission of the business. At Fuel Bookkeeping??we recommend consideration outsourcing these 4 tasks in order to make you more effective at the core tasks.
1.??????Small business accounting?includes a variety of tasks. Tasks include reconciling bank accounts, generating balance sheets and income statements, cleaning up general ledger. Reports can be provided monthly or quarterly depending on the needs of your business. Not sure how to track business income and expenses? We offer?Quickbooks services?as well as?unlimited consultations?so you understand the financial information we are providing.
2.??????Tax services?are provided to businesses and individuals. Why spend time on tax preparation when you can have a trusted tax professional prepare them for you at a reasonable cost? We would be happy to sit with you for an initial consultation to determine if outsourcing tax preparation is right for your business. Tax?reference tools?and information are available on our?website?for your reference.
3.??????Payroll services?are another service we recommend small business owners outsource. There are complicated laws and tax codes to research and understand before processing payroll and paying?payroll?taxes. Reduce the need of your business to have a specialized employee on staff to process payroll.
4.??????Marketing & Social Media?Marketing can also be outsourced to professional consultants. Working with consultants you can create a company brand and space for your business in the marketplace without having a full-time marketing person on staff. The cost vs. benefits can be incredible when you find the right consultant.
When deciding to outsource?functions it is important to not only include the cost of salary but also benefits. It could be to your financial advantage to outsource. ?If you have any questions related to bookkeeping, payroll and or payroll tax, or simply anything tax related, please feel free to give me a call. ?I hope this blog post was helpful and as always if I can help you with any accounting needs please feel free to call.?1-866-969-FUEL (3835)
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