Our Services

We help your business grow by taking care of Bookkeeping, Accounting from FL to ME across all Eastern Coast

Bookkeeping

Our Services include Small Business Accounting, Financial Statements, Reconciliation, Accounts Payable.

Reconciliation

Daily/ Weekly/ Monthly Yearly Reconciliation Services as per your requirement for Checking, Saving accounts and Paypal Reconciliation.

Accounts Payable

Provides Bulk Accounts Payable Processing Services to Real Estate, Restaurants and other entities which require multiple seats support for A/P Processing.

Entrepreneurs find it very profitable and alluring to choose outsourcing starting from the cost savings aspect to freeing up company resources. The business mundane tasks can be delegated to another party in order to save the time of valuable employees. Thus you can bring expertise to your in-house workforce.

Though it looks easy and convincing, but it needs lots of care.  Whatever be the reasons for outsourcing, but try to avoid the most common outsourcing mistakes which people generally do. Here in this article, we are going to focus on a few mistakes businesses make when outsourcing. Read them carefully to keep your business refrain from doing the same.

Do Not Hasty:

It is advisable for the business owners, not to start things right from the kickoff meeting. take a breath, give some time to the system to run well. then you can know whether all your business needs are getting satisfied. be fair to the timelines, the tasks that need to be done, payments and other key details. Assuming that all your systems, expectations and deadlines are clear may land you to a great disaster.

Not Looking at Previous Work Samples Before Signing a Contract:

Make a good choice of the outsourcing service provider. Do not just think that the third party is capable enough of delivering quality work. Do some homework. Review their past work and collect some fact about their past working experience from the market. This will save you from being cheated.

Not Communicating During the Working Period:

It is very necessary to keep on communicating right from the very initial meeting. there should be a clear understanding about the detailed process and set up checkpoints between both the parties. The project will go in the right direction if you can make yourself available for questions. This will, in fact, save the time and efforts of both the parties. Try to be a little patient which delegating the work. avoid subsequent finger pointing and miscommunications as much as you can. Confusions are bound to happen as it is a distant job. So instead of getting irritated it is better to communicate and explain the goal of the business in a crystal clear manner.

Being Slow to Make Payments:

Many entrepreneurs follow the method of hanging off their staffs while it’s the time for payment. but it is not at all a fair business practice. For running a good business you need to clear the invoices at a correct time.

Trying to Collaborate Across Time Zones:

The best past of outsourcing is to delegate the work to other countries of several time zones. This helps you to take the benefit of round the clock work culture. But the difference in culture and language may cause a hindrance to the activity.

Expecting Top Notch Work for Minimum Wage Prices:

Though many business owners go for outsourcing with the idea of cost reduction but it is not always a good to pay the lowest price negotiable. Labor rates differ from country to country. looking for a world class premium work at minimum cost is not at all expected. So it is better to follow a fair and ideal compensation plan for a good job.

Foregoing Project Management Tools:

An effective system of communication is significant for any business. You can follow advanced apps and tool for your business communication. Instead of going back and forth in emails or missed calls, take the benefits of the modern project management tools like Slack, Trello, Evernote and Google Apps for your business chat and document sharing.

Forgetting to Reward Good Work:

Tap a little when somebody does a good job. It encourages them to go the extra miles. Follow an appreciation policy to motivate the remote employees and introduce a good reward system for efficient work.

Losing Your Control:

Do not lose you control by getting irritate with the mistakes or business problems. Don’t jump to conclusions and take some wrong decision by being rude. Try to handle the issue with patient and utmost care.

So it is always a crucial decision to outsource your business task to a reliable third party company. Before that look into your business requirement and find out what is your outsourcing project need. Then decide if you really need an outsourcing company to delegate your business task. Sunil Khullar InfoTech / Bookkeeping is a great solution for your accounting and tax related task. Go with the expert in the field to get the best possible outcome for your business. You will get the value for your money for the services provided by Sunil Khullar InfoTech / Bookkeeping.