One of the most common questions I get asked is whether startups should consider outsourced accounting.

As a startup, you’ll want to keep costs down, which goes hand-in-hand with outsourced accounting as you only pay for services you need.

You might also not have the requirement for a full-time hire, yet, and you can benefit from expert advice and experience, flexibly, on your terms.

Then there’s the task of raising capital. This is one of the most common challenges for startups in any sector, but is bread and butter for an FD worth their salt.

All in all, it depends on your needs, but for most startups, an outsourced finance function could help in a variety of ways.