With an ever-changing business landscape, many small business owners are wondering how they can most efficiently grow while maintaining their budget. Do you find yourself drowning in administrative tasks? Are you considering hiring another full-time employee to take care of your accounting needs? It’s time to outsource your accounting.

In this blog post, we will discuss a few ways to save your budget, and your time, this year. 

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We’ll demonstrate how you can save money while improving your efficiency and accuracy when you outsource your back-office services to TEAM LUXA.
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Outsourcing vs. In-House: What are the differences?

Outsourcing refers to hiring outside resources to complete a task or to take on a role, whether that be short or long term. Businesses may choose to outsource in order to save money. A business owner may also choose to outsource if they feel they need extra expertise in a certain area. This is a great option to save money while maintaining proficiency and skill in a role. 

In-house resources refer to those you already have or will have. This could be delegating an extra task to an existing team member or hiring another full-time employee to take on the new role. This option is usually more costly and time-consuming as it requires more training for the new employee and more of a hands-on approach for managers.  

Pros of Outsourcing

Cost Efficient 

After adding up the costs, hiring an in-house position becomes increasingly expensive. Recruiting, onboarding and retaining a new employee takes time and money away from other important growth efforts. Outsourcing allows you to conserve resources while also employing expertise knowledge to a role.  

Increase Scalability 

Staying competitive in today’s fast-paced world can be difficult, especially if you’re running a business on your own. How do you keep up with everyday tasks, a growing consumer base all while maintaining and managing a competent and well-oiled team of professionals? Outsourcing allows you to free up your schedule by delegating tasks outside of the office. Need help with hiring, onboarding and employee retention? Our team of HR professionals is fully prepared to take on any of your staffing needs. 

Access to Expertise 

Many outsourcing solutions have years of experience and resources that are essential for growth. Expertise and accuracy will ensure no penalties or mistakes that could put your company in jeopardy. At Luxa Enterprises, our team of accounting and human resource professionals have 75+ years of combined experience. Our team members have an accomplished and extensive background in back-office services. 

Advanced Technology 

An outsourcing company will most likely already be well-versed in today’s most efficient accounting applications, tools and platforms. Rather than paying for the equipment and subscriptions required for accurate services, outsourcing provides a low-cost solution. Our team offers customized plans for your unique, growing business. 

Peace of Mind 

At the end of the day, outsourcing your accounting will give you peace of mind in knowing that your company is receiving an accurate and efficient service. Making an internal mistake in the company ledger could set you up for a lengthy IRS audit. When you outsource your accounting, you avoid the pitfalls by leveraging many years of experience and knowledge.

Looking for more ways to tackle the obstacles facing your business? Our experienced team of professionals can help you with that! Contact us today for a full list of resources and services we offer. 

We Can Help

Do you need help prioritizing your business’s growth? Check out the resources our team has to offer. With over 75 years of both accounting and human resource experience, we act as a business partner, assisting with many of your back-office and administrative needs.

Budget-Friendly Outsourcing Solutions

At LUXA, we are passionate to provide budget-friendly outsourcing solutions that can help businesses save money. We specialize in a variety of services, including accounting, bookkeeping, HR, and payroll.

We understand that every business is different, and we will work with you to create a customized solution that meets your specific needs. Contact us today to learn more about how we can help your business save money through outsourcing.

LUXA Enterprises specializes in HR services, outsource accounting, bookkeeping, and payroll services. We match up with ideal candidates for services by allowing small to midsize businesses to increase focus on their growth through outsourcing. If you want to know how we can help you, contact us today!

REQUEST ONLINE PRESENTATION

We’ll demonstrate how you can save money while improving your efficiency and accuracy when you outsource your back office services to TEAM LUXA.
Let Us Present A Plan →

Call TEAM LUXA today at (918) 928-7288 to learn more about why outsourcing is right for you!