Small Businesses Spend Up To 120 Days Per Year On Admin Tasks
A recent Sage report found that United States small businesses spend nearly 120 days per year on administrative tasks.
Based on a seven-hour working day, that translates to 960 hours spent generating invoices, paying taxes, chasing late payments and more. Imagine what you could do with all of that extra time.
All businesses have a certain amount of administrative tasks that must be completed in order to comply with government regulations. The biggest administrative burdens for Small Businesses are accounting related tasks, including: Payroll, tax preparation, generating invoices, chasing late payments and paying invoices that are received.
What if small business owners could redirect all of those hours spent on administrative tasks back into the real, valuable work like growing their businesses, attracting customers and increasing revenue? Because let’s face it – no one started their own business because they dreamed of creating an expense report or chasing a late payment.
Rather than handling your own back-office tasks or maintaining the overhead of a full-time accountant, outsourcing your accounting to an experienced team will help you avoid costly mistakes and free up your time so you can focus on growing your business.