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Bounce Rate Through The Roof

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I have a couple thousand uniques to one particular site of mine, with conversions to sign up at around 10% of visitors.

Of course I'd like this to be higher and continuing to work on it - but my bounce rate is at around 92%!!!!!! (and yes my analyics code is site-wide) but with conversions at 10% alone it does seem inaccurate (?)

This is going to set off all number of flags at G HQ, but can it be wrong, anything I can change without pulling the plug on the analytics (but I'm sure G will see this anyway)?

I know bounce rate can affect your SERP - but I'm at a loss to see what I can do. I'm happy with the design per se and have been told it is one of the better designs for the subject / theme. Lots of content, clear call to actions and easy conversion sign up route (helping convert the 10%)

The only thing to note is the site's home page is mine but it is also a white label site, meaning the person taken off to sign up gets taken to a different domain (although they have embeded my analytics code here to)

Anyone dealt with anything similar - just really worried this stat is playing a part in trying to reach for a top 3 position (currently half way down page 1 for keyword)??
 
Looks like Google is seeing your visitor on 1 page and nothing else - showing as a high bounce.
Seem to remember Google Analytics account have host 2 or more domains under the same 'account' if I remember correctly. Maybe that may help?
 
Look into event tracking. I don't know specifically off top of my head (I'm on my phone not computer so can't really check what I do) but there's a way to track the outbound click so that it will count it as an extra page view, thus reducing bounce.
 
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