Why should I outsource?

Top 5 Reasons to Outsource to Fulling:

• Reduce your accounting costs up to one-third by eliminating employee costs.
• Reduce your overhead by having us perform the work at our office.
• Increase productivity by eliminating downtime.
• Manage your costs by paying only for the services you need.
• Enjoy the security of working with an accounting firm that makes long-term commitments to its clients.

What are the direct costs of an employee?

Salary Taxes (Social Security, Medicare, unemployment, workers compensation) Healthcare insurance Benefits (paid vacation, sick days, holidays, insurance, retirement plan) Overhead (workspace, computer, software, training, etc.) Management and supervision Annual increases in salary, insurance, and benefits

 

How can you save the direct cost of employees?

Save Using Fulling Management & Accounting Sample Accounting / Bookkeeping Position                                                                          Employee                                                                          Costs Fulling Comparison Your Savings with Fulling Salary / Fulling $ 41,200   $ 50,000   Health, Life, Disability Ins ($300 per month) $ 3,600   N/A   $ 3,600  401K Benefits $ 1,560   N/A   $ 1,560  Payroll Taxes & worker's comp $ 5,680   N/A   $ 5,680  Overhead $ 4,104   N/A   $ 4,104    Subtotal $ 56,144     Cost of your time to manage the bookkeeper Hours per week you spend with your bookkeeper 2   N/A   What is your time worth? $ 100   N/A   Hiring and ongoing training of a bookkeeper 40   N/A   $ 4,200      Subtotal $ 4,200   Totals $ 60,344   $ 50,000   $ 10,344