The Real Cost of In-House Resources

Many business owners take into consideration salaries.

Whilst this is a fair point to make, it doesn’t account for everything.

In order to employ an in-house resource, you will need to:

• Recruit the staff member
• Onboard the staff member
• Train the staff member
• Pay staff benefits
• Pay for software
• Pay for equipment
• Pay for office space
• Pay for IT support
• Invest in management

However, many businesses also forget about the cost of rework.

For example, imagine a scenario where your staff member inputs incorrect data for their customer.

Another member of staff notices this, and the manager verifies that they have corrected it. However, later on when looking through, the sales team notices that they have used incorrect data.

This means that multiple people have had their time wasted due to a single mistake. This could also occur with your bookkeeping, payroll, orders, or documents.

Vsynergize explains that businesses should consider the cost of onboarding, benefits, software, equipment, management, and other running costs as well (2026).

Opportunity Cost

If a senior member of staff is spending 6 hours a week on updating spreadsheets, over the course of a year this is over 300 hours.

This could have been spent on customers, planning, sales, or product development.

Read our full blog: Outsourced Bookkeeping Services for Business | GoStravo

Strategy 1: Reduce Fixed Costs

One of the key benefits of outsourcing is removing any unnecessary fixed costs.

Often you will have someone working for you full time at a fixed cost.

For example if you need 20 hours of bookkeeping support per week.

If you were to employ someone for this they may be paying for capacity that isn't being used.

However by outsourcing you can gain flexibility. You will pay for the required service/support. This would be ideal for jobs that are important but aren't needed full time.