In this episode of the Cash Flow Show, hosts Scott and Nikole discuss why investing in professional accounting services can be a game-changer for small businesses, the cost breakdown of having an in-house versus outsourced accounting team, and the value it brings. They also highlight key functions of a high-performing accounting department and share personal anecdotes, emphasizing how freeing up time and optimizing resources can help improve business operations and profitability. Tune in for expert insights and practical advice!
Chapters:
00:00 Introduction
01:04 The Importance of Good Accounting
02:56 Defining an Accounting Department
05:46 Cost of an Accounting Department
06:54 Outsourcing vs. In-House Accounting
12:44 Transitioning to Outsourced Accounting
13:54 Conclusion
🔗 Connect With Us On Linkedin! 🔗
Nikole Mackenzie
📎 https://www.linkedin.com/in/nikolemackenzie/
Momentum Accounting
📎 https://momentumaccounting.com/
Scotty OKR Scarano
📎 https://www.linkedin.com/in/scottscarano/
Padgett NC
Accounting High
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