True Cost of Running Your Business: Operations Cost Calculator

A tailor-made tool to help founders gain insight into the hidden costs of self-managed operations

Understand Your Results

Why should you use levy?

Levy's average client has 150 back-office tasks per month. Those take an average of 32 hours per month for levy to complete.

It would take a founder at least 40 hours to complete those same tasks, since they are inherently not as efficient or effective as individuals who spend their entire day tackling back-office tasks.

This doesn't take into account any potential mistakes one may make handling tasks they aren't used to handling, or the time spent researching and learning about back-office tasks on google.

You may have subscribed to all the tools required to handle your back-office, but are you the best equipped to manage those tools and systems?

Levy is an expert at handling these unsexy yet critical back-office tasks and tools, enabling founders to reclaim their precious time, and peace of mind that every single task is handled correctly, with no mistakes.
Does levy replace my other tools & platforms?

Levy is not intended to replace existing tools such as Gusto, Certn, Deel, Pilot, Quickbooks, or others in your toolkit. Instead, Levy serves as the expert team that operates these platforms, efficiently handling the complexities, edge cases, and in-between tasks to ensure smooth functioning. From payroll and onboarding to vendor payments and even intricate 409a valuations on Carta, Levy enhances your current tools without replacing them.

If I am already subscribed to other platforms, do I still need levy?

YES! Sadly all of your platforms do not work together or communicate with each other.
Though you may have various platforms for different functions, these systems often operate in isolation. For instance, HR onboarding might involve multiple platforms, but there's no inherent interconnectivity. This is where Levy steps in.
Levy serves as your hub that expertly ties together all these platforms, managing the data and processes across all scales and scenarios, even the most complex edge cases. By taking over these tasks, Levy eliminates the need for manual coordination, saving you precious time and letting you focus on your core business operations.
With Levy, you'll be making the most out of your investments, streamlining your operations, and ensuring a seamless flow of information across your systems.

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Maximize your ROI, Drive Savings &
Reclaim Your Time

Power your growth by outsourcing operations to experts who know what they are doing

50% or more
Annual Savings

By eliminating the need for expensive in-house solutions, you not only save on financial resources but also time-consuming recruitment and management tasks.

16x
Average ROI

The simple shift of operations to experts allows you to invest your time & money more strategically in areas that boost your financial returns, exponentially.

3 months
Extra Focus

As a founder, you can refocus this time on strategic decision-making, innovation, and growth - the main elements that make a successful and future-ready business.

Your other options... take too long

An internal hire will cost you $150K+ and months to onboard & settle in

Do It Yourself

Time-consuming

Don't you have more important things to do as CEO?

Mistake-prone

Your lack of expertise will lead to mistakes.

Expensive

The cost of not growing your business is too high.
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Hire a Chief of Staff

Expensive

A Chief of Staff will cost you upwards of $150,000 all in.

Overkill

Hiring in-house with less than 150 employees is a waste.

Managerial Overload

Unnecessary time wasted by CEO to onboard the hire.
Get started
Read more

Are you fed up with

How much money are you wasting on operations?

Are operations your core competency?

Levy saves you 90% of the money and
99% of the headache of back-office work

Why in-sourcing operations is foolish for startups

Written by Adam Spector, CEO & Chief Plumber @ levy

I’ve founded four startups and invested in 150. About 10% of them have gone on to become unicorns (even in today’s environment!).

A lot of people ask me what differentiates the best from the worst. The simple answer is: focus.
The companies that try to do too much inevitably fail.

This rule applies to your core product but also to everything surrounding that product. This is why I become ANGRY when a founder tells me they want to bring operations in-house. This is one of the more STUPID decisions a founder can make.

Some basic math: 

Do a bit of multiplication and we're talking about $300-500K in costs per year. That is insane!

So why do founders still in-source?

They are utterly wrong on every point except one: there does come a point, usually around 50 FTEs, where you should hire an internal HR person. When you hit 100 people, you may want a startup CFO. These senior hires should be doing specialized strategic work, not dealing with the underlying operational plumbing. In fact, many of the best senior hires for these roles will tell you it’s been years since they were working inside of an HRIS. Instead, they were focused on building out recruiting, training, performance management, etc.

Founders are good at ignoring what they don’t want to see (hey, look at me, I’m focused 😂..JK). What they don’t see is that every hire you make slows you down just a bit. This is another person to recruit, train, and manage.

This rule of thumb is that founders should outsource everything except their core product and sales. No investor invests because the founder says, “I’m so great at operations” (unless they are an operations startup!). VCs invest because the founder is world-class at one thing. The more they can focus on their superpower, the greater their chance at success. This rule applies to every business in the world. Imagine the world’s best chef. They are a kitchen rockstar and now you tell them that they need to spend 10-20% of their time figuring out HR, finance, compliance and more? Sounds like their chance at failure just increased by 10-20% (and in fact, that number is true - most startups and SMBs fail).

Dear founders: take it from me, outsource as much as possible but especially back-office operations. It’s not your core skill set. Focus wins. Distraction is a slow death (even if you feel busy…busy with mundane tasks). Imagine 500 extra hours in a year to build. Imagine saving $150k or more in a hire who is unlikely to last.

If you want to save 500+ hours a year, reduce your back-office worries by 90%, and simply be the CEO your investors hoped you’d be, get started with levy

Stop acting like a founder, become a CEO

Focus your time on things that matter

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Increase your margins

Outsource to levy

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