What is Outsourcing? Outsourcing is a business process by which a company employs a third-party resource to execute business functions that may or may not be critical in achieving the company’s goals. Functions that are traditionally performed by in-house resources, such as human resource management, information technology, payroll processing, and even finance and accounting, are now commonly outsourced due to the many benefits of this strategy.

Putting up an e-commerce business is an exciting endeavor. Whether you’re a first-time business owner or a serial entrepreneur, running your own e-commerce store can be a daunting challenge, especially if you don’t have business bookkeeping basics down pat.

The journey to the United Kingdom’s exit from the European Union continues to encounter roadblocks. The most recent of which is the House of Common’s (HoC) rejection of Prime Minister (PM) Theresa May’s Brexit deal by a huge margin (Yes - 202 ; No - 432). This development creates great uncertainty in the future of the Brexit deal  and the next steps after the Brexit, especially with the 29 March deadline coming fast.

Opening your first franchise business can be exciting. Whether it’s your business that you opened for franchising or whether you signed up to open your own franchise, it’s a significant step towards financial success. As with any other opportunity, franchising presents a specific set of challenges and opportunities. One of the key things to prepare for as you’re setting out on this new venture is to get your franchise accounting infrastructure down pat.

Over the past months, the implications of Brexit have been a contentious topic among accountants. With the release of the Government’s Brexit Whitepaper on July 12, we now have a better picture of the possible effects of Brexit on accounting and finance.

Finance and accounting outsourcing (F&A O) has been around for quite some time now. A number of businesses have long reaped the benefits of outsourced finance and accounting services. If you are among businesses who are thinking about joining the F&A O wagon, you are in luck. Here is a comprehensive guide on how you can start finance and accounting (F&A) outsourcing.