Why employ a paraplanner when you can outsource your paraplanning work?

Making money in business these days is getting harder, so the more ‘billable’ or money earning staff you employ compared to ‘administration’ and ‘backroom’ staff who do not generate income, the better it will be for you.
This is perhaps very applicable in the world of financial services where the financial adviser will earn the fees for either themselves or the company they represent. However what about all the people behind the scenes – especially secretaries, receptionists, and paraplanners.
Yes, paraplanners – after all, to be successful as a financial adviser you need to have a good team behind you, and that includes a first-class paraplanner. However adding another member of full-time staff to the wage bill can often pinch into profits, and put pressure on a business where it is not needed.
In addition, there can often be fluctuations in workload which means that much of the time a paraplanner may only be working at half capacity and yet they are being paid a full-time wage.

So what is the solution? Well here at Svensoni, we would recommend you outsource your paraplanning needs to a specialist firm, such as ourselves. The reason? Because we aren’t a member of your staff – no NI contributions, no full-time salary, no holiday pay and no statutory sick pay to account for.

Benefits of Outsourcing your Paraplanning Work

You pay for work done and when you don’t need us, we don’t do any work, so we can’t bill you. Now that makes more sense, doesn’t it? We are more than happy to work with you, paraplanning on an ‘as and when needed’ basis, which sums up the joy of outsourcing your work.
This maximises your profitability while still ensuring that you are kept fully up-to-date with the latest financial guidelines for advising your clients.
To understand more, why not call us here at Svensoni and let us run through a number of ways our paraplanners can help you in a manner which will suit your paraplanning needs best.

Why employ when you can outsource? | defined benefit paraplanning