Outsourced vs. In-House Finance: The Complete Guide for Growing Businesses

Nov 29

Written By Jacinthe Koddo | Propela Co-Founder

The Quick View

Note: Both options typically work with an external tax accountant for annual tax filing and planning. This essential partnership complements either approach.

Real Talk: What You're Really Getting

Time & Availability

Knowledge & Growth

The Real Price Tag

*Both approaches work with an external CPA firm for tax filing and planning. The key difference is that an outsourced solution often has established partnerships and smoother workflows with tax accountants, while in-house teams need to manage this relationship separately.

Where Are You in Your Financial Evolution?

How Your Choice Impacts Your Evolution

What This Means For You

At $1M-$10M revenue, you need more than just daily bookkeeping - you need a path to financial freedom. Consider:

Making Your Choice

Choose In-House When You:

Need constant physical presence at all levels
Have unique, complex needs requiring deep daily involvement
Want total control over your financial evolution
Have budget and capacity to build through all pyramid levels
Need direct oversight of all financial functions

Choose Outsourced When You:

Want to accelerate through the pyramid levels
Need sophisticated systems and expertise now
Value scalability as you evolve
Prefer focusing on core business growth
Want built-in support at every level

The Bottom Line

Your finance function should help you sleep better at night, not keep you awake. Consider:

Where you're headed, not just where you are
What expertise you really need access to
How much management time you can spare
What helps you focus on growing your business

Most successful businesses we see start with outsourced support and add in-house admin as needed. This gives them the best of both worlds: daily support plus high-level expertise.

Ready to Sleep Better at Night?

Let's explore if outsourced financial support is right for your business.

Book a Free Consultation

30-minute discovery call
Review your current financial setup
Discuss your growth goals
Get a clear recommendation

Book a call today

Note: This guide is based on patterns seen across hundreds of Canadian service-based businesses between $1M-$10M in revenue.

Jacinthe Koddo | Propela Co-Founder

Jacinthe knows firsthand what it's like to build a successful business while wrestling with financial uncertainty. As a serial entrepreneur who has launched and scaled multiple businesses, she's lived the journey from ambitious founder to confident business owner. Today, she's a Fractional CFO who helps service-based businesses evolve beyond basic bookkeeping to achieve true financial clarity. When she's not guiding clients to better financial decisions and peaceful nights of sleep, she's advocating for entrepreneurs to pay themselves what they deserve. Her superpower? Translating complex financial concepts into clear action steps that busy business owners can actually use.