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Outsourcing Myth #1: It Will Cost More to Outsource

Tulsa Accounting Services

Many CEOs and business owners wait to outsource the important back-office functions of their organization because they are under the misconception that it costs more to outsource to an outside professional. It’s simply not true. Keep reading.

At LUXA, 50% of our client base starts as a result of a financial crisis in their business. You shouldn’t wait for a crisis to present itself in your business. Rather, start now and take proactive steps to prevent a crisis from occurring.

Did you know, it actually does not cost more to outsource? In fact, in many ways, the cost of having an employee exceeds the cost of outsourcing to an outside professional! 

REQUEST ONLINE PRESENTATION

We’ll demonstrate how you can save money while improving your efficiency and accuracy when you outsource your back office services to TEAM LUXA.
Let Us Present A Plan →
LUXA Enterprises download brochure

Breaking Down the Myth that Outsourcing is Expensive

CEOs of mid-sized businesses often find themselves facing a financial crisis due to inaccuracies in their back-office infrastructure. Whether caused by an incompetent employee or simply a lack of knowledge in a certain area, these inaccuracies can result in discouraging setbacks. 

At LUXA, we communicate regularly with CEOs and business owners who are on the brink of a company crisis. Oftentimes, a crisis involving their back-office infrastructure encourages them to contact a professional team such as LUXA Enterprises. While we are passionate about helping businesses in crisis come back from devastating inaccuracies, we believe that this state of financial crisis can be avoided altogether!

Save Money By Outsourcing Your Back Office Infrastructure

One reason CEOs avoid outsourcing their back-office infrastructure to a professional team is that they are under the misconception that it is more expensive than hiring an employee. However, in many ways, the expenses of an employee are just as much, if not more, than outsourcing! 

There are many costs associated with hiring an employee to perform critical back-office tasks. Of course, the primary cost associated with an employee is payroll. However, there are many other costs in addition to an employee’s salary or hourly pay. A few of the costs your business will incur by hiring an employee include recruitment, onboarding, paid time off, overhead costs such as office space, furniture, and supplies, sick time, and training costs. 

Additionally, you will have the added expense of having to pay someone to take over if your employee is sick or on vacation. These are just a few of the expenses you must consider before choosing to add another employee to your team. 

When you outsource your back-office infrastructure to the team of professionals at LUXA, you eliminate the additional expenses of an employee mentioned above.

Reducing employee expenses is one of the greatest benefits that CEOs of mid-sized companies attain when outsourcing their back-office infrastructure.” – Frauke Petersen, CEO, LUXA Enterprises

Improve Efficiency and Accuracy Through Outsourcing

With the many complexities of back-office tasks such as accounting, bookkeeping, HR, and payroll administration, there is a great need for continued education. When you hire an employee to perform these functions within your business, you will need to ensure that they remain up-to-date on the latest policies and procedures. 

Unfortunately, many mid-sized companies do not have the time or resources to prioritize this continued training and development of their back-office teams. At LUXA, we take great pride in providing efficient and accurate services. Through continued training, each member of our team excels in their unique area of expertise. 

Because of this, our clients are provided with not one professional, but an entire team of professionals working together on their behalf. We are proud to offer our clients efficient and accurate accounting, bookkeeping, HR, and payroll administration services. In doing so, we believe we can help your business achieve success. 

Don’t let the cost of having inaccurate financials and unqualified employees stifle your company’s growth and scalability!

REQUEST ONLINE PRESENTATION

We’ll demonstrate how you can save money while improving your efficiency and accuracy when you outsource your back office services to TEAM LUXA.
Let Us Present A Plan →
LUXA Enterprises download brochure

Outsourcing: A Proactive Step To Prevent Financial Crisis

50% of our clients come to us in the midst of a stressful back-office crisis in their business. They understand that their team of employees is unable to navigate the complexities of the inaccurate financials or records that have created their current situation. Incorrect bookkeeping can lead to large, unexpected tax payments. HR laws are changing all the time and non-compliance can create sizable problems for your small fleet of unqualified staff.

At LUXA, we are passionate about helping CEOs of mid-sized companies improve the efficiency and accuracy of their back-office infrastructure while finding a way back from the current crisis they face. – TEAM LUXA

However, we believe that there is a better alternative! Partnering with the team of professionals at LUXA is the best way to proactively prevent a financial crisis in your business. Not only do CEOs of mid-sized companies find outsourcing to be profitable for their business, but they also find it to be invigorating!

As a CEO, one of your primary responsibilities is to make important decisions in your business based on the data you receive. Inaccuracies or mistakes in your back office infrastructure complicate your job and provide opportunities for critical errors. As a result, you cannot excel in your role as CEO, and company growth is hindered.

By outsourcing your accounting, HR, payroll, and bookkeeping tasks with LUXA, you can improve the efficiency and accuracy of your business while saving money on the many costs associated with hiring an employee! 

When you take the proactive step to outsource your back-office tasks to LUXA, you gain the expertise and experience of a group of professionals who are working with your best interest in mind. Our team aims to empower and equip CEOs through Affordable Back Office™ outsourcing as they strive to achieve success in business.

REQUEST ONLINE PRESENTATION

We’ll demonstrate how you can save money while improving your efficiency and accuracy when you outsource your back office services to TEAM LUXA.
Let Us Present A Plan →
LUXA Enterprises download brochure

Call TEAM LUXA today at (918) 928-7288 to learn more about why outsourcing is right for you!

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