Cost-Benefit Analysis of Outsourcing Your Bookkeeping Services
Would your outsourced bookkeeping costs be less than hiring an employee? Try this cost-benefit analysis to find out.
*Remember when calculating your hourly rate to not use the rate at which you pay yourself, but the rate at which you bill yourself out. If you are a consultant who bills yourself out at $1000/day your hourly rate is $125/hr. This is the real cost of your time to your business.