Levelling the Playing Field

Published: January 4, 2017

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The Australian Security Industry has become extremely competitive. Increased competition has forced companies to reduce operational costs to keep prices attractive, and retain existing customers.

In a marketplace with razor-thin margins, large companies have benefited from a major advantage which used to be exclusive to them: economies of scale. They have used this in a variety of ways, but there’s one area that has played an important role in keeping their internal costs down: the outsourcing of non-strategic processes

Fortunately, Small and Medium Businesses (SMB) are no longer in a disadvantageous position. Outsourcing is now available for firms of any size.

Outsourcing accounting and admin work helps businesses to expand in two major ways. First, it frees you up to work on your business not in your business. It means you have more time to give additional service and develop new offerings for existing clients, time to look for new clients and develop new areas of services. Second, it saves businesses a significant amount of overhead.

It’s extremely rare to find a large company that doesn’t outsource some of its non-core processes. It’s almost as difficult to find SMB that do outsource processes. Is there a reason for this? Not really. Some SMB directors think that the advantages are not big enough to implement the change. Other companies are just reluctant to change. One thing is for sure: large companies will continue their efforts to shrink operational costs in order to reduce prices or improve their margins. Small and Medium size business can increase their margins and gain in flexibility as well by outsourcing accounting and other admin work.

 

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Anna or one of our experienced staff will work for you the same way as any employee in your office, but will do it remotely.

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Outsourcing with BOSS is easy. This video shows you how.

Need help with…

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  • BAS
  • IAS
  • Tax Returns
  • Payroll
  • Reporting
  • Admin Work
  • Accounts reconciliation
  • Job dispatch / Job receipts
  • Contractor payments
  • Industry-specific Software operators

Back Office Shared Services (BOSS) is the only Australian outsourcing and offshoring company who specializes in the Security Industry.

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To know more about us, visit /how-we-help-security-firms/

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Important Disclaimer

This post is general information only – read full note

This article provides general information only and is not intended as accounting, tax, legal or professional advice. Regulatory requirements and interpretations (including under AASB S2, the Corporations Act, and ASIC guidance) evolve over time. As qualified professionals, you will want to review primary sources, apply your own judgement, and seek specialist guidance if needed before applying this to client work or practice decisions. This disclaimer applies to the Content on this website and does not affect the terms of any separate service agreement or engagement for professional services provided by Back Office Shared Services Pty Ltd (BOSS Outsourced Accounting). Back Office Shared Services Pty Ltd accepts no liability for any reliance on this content.

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