Outsourcing for Accountants and Accounting Firms

How to Slash Your Payroll Costs by Up to 40% … and Use the Savings to Create More Clients and More Profit — Without Working Any Harder

Spend less time on backward-looking commodity services…
Spend more time on high-value advisory services that provide massive value to your clients…
Transform the future of your practice in six months or less…

The real “secret” to business growth is pretty simple: Create more clients. Then encourage those clients to buy higher value services more often.

For you as an accountant, this usually means two things:

  1. Offering existing clients a list of services that go beyond basic tax returns and financial reporting. … Provide services that solve their problems—such as tax planning, estate planning or wealth management problems.
  2. Providing forward-looking advice and proactive planning expertise to prospects to increase your advisory income… Income that is not seasonal and is less prone to pressure to reduce fees.

But the chances of expanding your services and growing your profits are pretty slim if you’re spending countless hours trying to do everything yourself.

The fact is, if you’re working on a lot of jobs you really should be delegating, you can stall the growth of your business—no matter how hard you work.

And counting on your employees to do the lower value work puts you at the mercy of staff turnover. While you focus on the most profitable activities, staff complain about doing the “boring” grunt work. And, as you know, employees who are unhappy quit. If you’ve ever been left high and dry by the sudden departure of an employee, you know it can make you downright miserable.

Now, instead of working on other priorities, like attracting affluent A-list clients, you’re scrambling to distribute the workload and rearrange schedules. And you’re pouring more money and precious time into hiring and training new staff.

The good news is, there is a better way to grow your business.

It’s Called Becoming the “Accountant CEO”

The Accountant CEO understands that spending time on mundane tasks actually works against him reaching his goals.

Instead of getting bogged down in details other people could handle quite well, this accountant is focused on investing the company’s time, talent, and money on the activities that yield the greatest profit.

Why?

Because the Accountant CEO knows that you can’t run a highly profitable and growing business doing $12 per hour jobs.

He (or she) understands that the best and most profitable use of his time requires him to stay far away from any activity that does not leverage his unique gifts.

That’s why he becomes very good at delegating.

Let us help you spend more time in providing high-value services to your clients ….

Small accounting firms have long seen outsourcing as a strategy reserved for big business, but technology has made it more accessible for them too.

By outsourcing lower value services like tax returns and financial statements, you have more time to focus on delivering higher value services that generate more income.

Outsourcing can increase your profitability even further because it slashes the cost of paying staff salaries by anywhere from 20% to 40%. It also reduces the burden of overhead costs such as payroll taxes, office rent and utilities.

What we’ll do for you:

If you’re an accountant or small accounting firm in Canada, we’ll seamlessly manage your basic compilation and engagement tasks and any bookkeeping job (large or small). Your clients will have no idea that these services are not being provided by a member of your staff. That way you can spend more face-to-face time with your best clients. You can also start building the proactive business advisory and tax planning services your A-list client are looking for.

What accounting and bookkeeping tasks you can outsource:

We work with companies across Canada to provide these cost-effective and timely services:

  • Compilation (Notice to Reader) engagements
  • Review engagements
  • Corporate income tax returns
  • Bookkeeping write-ups
  • General ledger maintenance
  • Accounts payable and receivable
  • Bank and credit card reconciliation
  • Payroll

Here’s what else you need to know about outsourcing with us:

Highly secure and encrypted cloud account — This exclusive cloud platform will be used to provide 24/7 access and communication between us.

We can work with a number of accounting software packages — Including CaseWare, Taxprep, jazzit, QuickBooks, and Sage

Ironclad protection from competition from us — We sign strict non-solicitation and restrictive covenants to protect you from any competition.

Low-cost, affordable services — Prices start at $12/hr for bookkeeping services and $40 to $50 per hour for review engagements. Notice to Reader financial statements and T2 corporate tax returns are a flat $350 to $400 for each client.

Guaranteed turnaround time — With three offices in Ontario to serve you, we can guarantee turnaround time for each task.

For a free quote, call us now at 1-800-368-0747 or email us at tchang@lb-ca.ca.