FITZGERALD & Partners are traditionally known as a successful accountancy practice based in Kinsale specialising in tax planning, audit, management accounting and a general business advisory service.
But the fairly recent development of their ‘Outsourcing Business Centre’ is also proving popular with SMEs across the West Cork region, as it allows all types of companies from sole traders through to bigger organisations to outsource certain key functions such as payroll, creation of monthly management accounts, bookeeping and accounting and VAT management.
Managing director Cormac Fitzgerald said: ‘Our Outsource Business Centre allows local business owners and operators to remove administrative headaches and the costs of employing staff so that they can concentrate on what they do best, which is driving their businesses forward. We’re finding more businesses across the wider West Cork area are using our services these days, especially as we can also offer on-site training for staff in using accounts and book-keeping systems, as well as providing business advice and insights that we derive from overseeing their operating accounts.
‘For example, we often spot areas where there may be potential for cost savings or business restructuring that an owner/operator might not spot.’
Cormac added: ‘There is also the advantage of confidentiality which is very important to local businesses, especially in rural communities. By outsourcing, certain key financial information is kept more private than via the in-house model. Essentially, we act as your accountant and advisor without the fixed costs associated with employing additional staff.’
See www.fitzgeraldandpartners.com for more.