Why Outsource?
There are many benefits to outsourcing your non-core business functions, like bookkeeping, payroll processing and tax preparation.
Here are just a few:
Reduce Costs- Small business owners typically spend more than $20,000 a year in direct labor cost associated with bookkeeping and payroll processing. When you factor in tax and cost-saving suggestions, BYB's service pays for itself... that's Bottom Line Value.
Save Time- By allowing a trusted professional to handle your bookkeeping needs, you're free to spend your time building business leads, improving customer service, or launching a new product line.
Avoid Interests and Penalties- The IRS enacts more than 420 tax law changes each year, and failure to abide by the rules can be expensive. In fact, 40% of small businesses pay an average penalty of $845 per year as a result of late or incorrect filings.
Continuity- If your bookkeeper decides to leave, you will need to hire and train a new person to learn your company's procedures. In some cases, this training may include you. Outsourcing these functions saves you the time and money associated with recruiting, interviewing, and training.
Leverage outside expertise- Our team of professionals has knowledge, resources and technology that many small business owners do not have access to on their own.
Offer direct deposit- No more trips to the bank! Your employees' paychecks will be electronically deposited into their bank accounts for immediate withdrawals.
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