If you have not yet finished wiping the sweat from your brow from reconciling your 2021 taxes, now is an excellent time to make decisions to avoid the same stress next year. When it comes to hiring a fractional CFO outsourcing company versus hiring an accountant in-house, the advantages are clear. These are just some of the reasons hiring in-house is never the better option for your small-business accounting needs!
Paying Full-Time For Part-Time Needs
Yes, accounting is a necessary part of your business processes, but that doesn’t necessarily mean that it needs a full-time person allocated to it. When you hire someone to just take care of your financial information, they are going to be paid full-time whether you need that many hours or not. Small-business accounting is a big job, but that doesn’t mean that it is going to take 40 hours a week every week. Why get stuck paying extra hours when it can probably be done on a part-time basis and for way less than a full-time salary?
Retaining Talent is No Longer Easy-But it is With Us!
If there is one thing that we are all feeling post-COVID, it’s a labor shortage. Not only is it harder to find reliable and qualified people who want to work full-time; retaining them is also becoming increasingly difficult. Every time you hire someone new, you have to train them, get them up to speed, and get used to them – it is an entire process. When you partner with us as your fractional CFO, we are up and running from day one, and you don’t have to worry about supplying us with attractive perks – you had us at “Hello.”
Eliminate Human Resource Headaches
Not only do you have to worry about retaining someone full-time when you hire them; you have to worry about compliance issues for sick and vacation time, as well as healthcare. By outsourcing all of your accounting needs, you don’t have to worry about any human resources headaches. We aren’t an employee; we are a service there to serve you – not the other way around!
Specialization and Local Roots
An accountant or bookkeeper is in charge of handling your daily financial information, but we take it one step further. Our cloud accounting software, combined with our customization, local roots, and desire to please, makes our services a clear choice. All we do is accounting, so we are focused on the latest trends, updated on the most recent changes, and focused solely on saving you money and ensuring that you have the pertinent information that you need to make informed decisions all year long, not just during tax season. It is our dedication to the cutting-edge that makes us a clear choice!
As we head into a post-COVID recovery and a new tax year, small businesses around the Charleston area will be considering whether it is wiser to hire in-house for their accounting needs or to outsource with a fractional CFO company like Current Accounting. If you are on the fence, contact us today so we can show you all the advantages we can provide your small business this upcoming year.