10 Reasons Small Businesses Consider Outsourcing Bookkeeping

Professional businesses I’ve worked with have low volume, but high-value transactions. These businesses average 20-50 transactions at most each month, making outsourced bookkeeping a smart alternative to in-house. Nearly 30% of all large businesses in Europe and the US now favor outsourcing bookkeeper functions. Since 1990 when the outsourcing movement first emerged, the growth in the US (according to Harvard Business Review) has risen to an estimated $318 billion. If you’re in a services business and you’re not already outsourcing your bookkeeping, here are 10 reasons why you might want to consider doing so.