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Assurance Office, Swan House, 146 - 147 St Helens Road, Swansea SA1 4DE
Call us on: 01792 720170
At Assurance Accountancy we can provide businesses in the Swansea area with help and advice. The following outlines the pros and cons of outsourcing core functions.
Outsourcing non-core operations has become very popular in recent years. Businesses now routinely outsource processes from cleaning to customer enquiries.
Other common areas for outsourcing include: payroll functions; human resources (insurance, recruitment etc); marketing; information and IT systems; and delivery.
There are obvious potential benefits:
But there are also disadvantages to outsourcing:
As with most things outsourcing is a question of balance. For most businesses there will always be operations they can safely put in the hands of others and achieve both improved efficiency and cost savings.
But equally there will also be operations over which they will want to retain control. The art of good management is to know which is which! We can help you make the right decisions.
If you are in the Swansea area and would like professional assistance from experienced accountants and business advisers, contact Assurance Accountancy.
24 Sep 2021
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax self assessment (MTD for ITSA) for a year, HMRC has announced.