For most small business owners, you would have to be absolutely crazy to employ your own accountants and book keepers when you can outsource all of that work to professionals and save money at the same time. It would be completely realistic to reduce your costs by 50% when you factor in salary, leave, down time and other inefficiencies. Outsourcers can achieve economies of scale with things like payroll because it is what they specialise in, they are more efficient at it and they do it well and consistently day in, day out. This results in direct savings for you the business owner. Bookkeepers Melbourne are a good example of the right kind of company to outsource your accounting, payroll and other financial management needs to. Leave all the nitty gritty number crunching to professionals so you can free your time up to concentrate on other areas of your business where you are most effective, whether that be sales, marketing, people management, product development, relationship building or whatever your speciality is. Adam Smith was right – focus on your areas of competitive advantage and everyone wins – especially your bottom line!