Companies lose 10% of time and cash to back-office
10+ hours a week lost to HR, finance, compliance. That's 520 hours a year and $100k+ you're never getting back. This is not the way.
520+
Hours/year on ops
$100K+
Direct + Context Switching
13
Work weeks lost
Calculate Your True Back Office Cost
Adjust your hourly rate to see exactly what operations are costing you — whether you do it yourself or hire consultants.
What's an hour of your time worth?
$100/hr$500/hr$1000/hr$1500/hr$2000/hr
Your opportunity cost—what that hour would generate if spent on growth.
Your Time Lost Per Month
96.8 hours
That's 2 work weeks/month
DIY Cost (Your Time)
$9,670/mo
At $1500/hr opportunity cost
Consultant Cost
$24,175/mo
Fractional CFO, HR, legal fees
Task
| Time per Run | Monthly Hours | Cost of DIY | Cost of Consultant |
|---|---|---|---|
| Weekly (52x per year) | |||
| Transaction Recording | 2 | 8.7 hrs | $870 |
| Accounts Payable | 1.5 | 6.5 hrs | $650 |
| Accounts Receivable | 1.5 | 6.5 hrs | $650 |
| Reconciliation of Bank Accounts | 1 | 4.3 hrs | $430 |
| Weekly Subtotal | 26.0 hrs | $2,600 | |
| Monthly (12x per year) | |||
| Running Payroll | 3 | 3 hrs | $300 |
| Document Organization | 2 | 2 hrs | $200 |
| Run Termination, New Hire, Bonus Payrolls | 2 | 2 hrs | $200 |
| Process Employee Reimbursements | 1.5 | 1.5 hrs | $150 |
| Closing Books | 6 | 6 hrs | $600 |
| Onboarding New Employee | 4 | 4 hrs | $400 |
| Offboarding Employee | 2 | 2 hrs | $200 |
| Managing Employee Records | 2 | 2 hrs | $200 |
| Financial Reporting | 4 | 4 hrs | $400 |
| Vendor Payments | 2 | 2 hrs | $200 |
| Equity Management | 2 | 2 hrs | $200 |
| Update Financial Model | 3 | 3 hrs | $300 |
| Contract Management | 2 | 2 hrs | $200 |
| Monthly Subtotal | 35.5 hrs | $3,550 | |
| Quarterly (4x per year) | |||
| Quarterly Estimated Tax Payments | 4 | 1.3 hrs | $130 |
| Tax Filing and Withholding | 6 | 2 hrs | $200 |
| State Registrations | 4 | 1.3 hrs | $130 |
| State De-registration | 3 | 1 hrs | $100 |
| Managing Company Software Subscriptions | 2 | 0.7 hrs | $70 |
| Equity Cap Table Maintenance | 3 | 1 hrs | $100 |
| Quarterly Subtotal | 7.3 hrs | $730 | |
| Yearly (1x per year) | |||
| 409a Valuation | 16 | 1.3 hrs | $130 |
| Business Insurance Renewal | 8 | 0.7 hrs | $70 |
| Benefits Renewal | 12 | 1 hrs | $100 |
| End of Year Tax Filing | 20 | 1.7 hrs | $170 |
| Filing 1099s | 6 | 0.5 hrs | $50 |
| Filing Compliance Forms | 10 | 0.8 hrs | $80 |
| Creating Company Policies | 12 | 1 hrs | $100 |
| R&D Tax Credit Filing | 16 | 1.3 hrs | $130 |
| Vendor Negotiation | 8 | 0.7 hrs | $70 |
| Employee Benefits Administration | 10 | 0.8 hrs | $80 |
| Managing Health Insurance Plans | 8 | 0.7 hrs | $70 |
| Stock Option Grants | 10 | 0.8 hrs | $80 |
| Employee Benefits Enrollment and Audits | 12 | 1 hrs | $100 |
| SOC2 Compliance | 40 | 3.3 hrs | $330 |
| Employee Handbook and Policy Updates | 12 | 1 hrs | $100 |
| Employee Compliance Training | 8 | 0.7 hrs | $70 |
| Labor Law Compliance | 10 | 0.8 hrs | $80 |
| Yearly Subtotal | 18.1 hrs | $1,810 | |
| One-time (as needed) | |||
| Company Formation & Initial Setup | 40 | 3.3 hrs | $330 |
| Equity Round Issuance and Investor Management | 30 | 2.5 hrs | $250 |
| Setting Up New Payroll System or Software | 20 | 1.7 hrs | $170 |
| Create Data Room for Fundraising | 16 | 1.3 hrs | $130 |
| Document Cleanup | 12 | 1 hrs | $100 |
| One-Time Subtotal | 9.8 hrs | $980 |
Monthly Avg
—
96.7 hrs
$9,670
$24,175
What if you could get all of this done for a fraction of the cost?
You just calculated $9,670/mo in lost time. Chore handles all of it starting at $1,699/month.
What This Actually Costs You
Every hour lost on back-office operations has a ripple effect across your business
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High-ROI Work That Doesn't Get Done
Every hour on compliance = one less hour closing deals.
Real Money from Mistakes
Late fees. Wasted subscriptions. IRS penalties up to 10%. It adds up fast.
Time You'll Never Get Back
520+ hours a year on ops. That's 13 full work weeks—gone.
Mental Load That Drains You
Back-office is a 24/7 anxiety. That's bandwidth you can't recover.
Ready to get your time back?
Stop drowning in admin. Chore handles your operations for a flat monthly fee - less than DIY, less than consultants, and infinitely less stressful.
HR & People Ops
Finance & Bookkeeping
Compliance
Vendor Management
Legal & Equity
Founders & CXOs love handing off admin to Chore
"It’s a disservice to yourself to spend your valuable time on operations when there’s a great partner like Chore."
"If we modeled this out financially, it would be cheaper to rely on Chore. It saves me from putting in crazy hours or hiring someone at around $90K per year."
"I really undervalued how much time and attention is saved by having a dependable partner like Chore."
"Once I started using Chore, I no longer had to continue worrying about back-office operations, like HR, IT, operations etc."
"If you don’t want to do those things and want to open up your brain to growing the business, that’s where Chore comes in."
$9,670/mo in lost time → Chore does it all for $2,799/mo