What Services Should You Expect from a Small Business Accountant?
Statistics show that around 50% of small businesses collapse within their first year – many of which is due to poor record keeping of their accounts. The overheads for entrepreneurs can be frightening to a first-time small business owner and as a result they shy away from hiring a professional accountant. Yet in reality, small business accountants practically pay for themselves in recovered tax benefits and business plans.
The success of an accountancy firm is dependent on the success of its clients. You should therefore be looking for a firm that offers a broad range of services that is included in a fixed fee price. The service should not only include tax advice and book keeping, but advice and assistance with a business model and setting up your small business.
In other words look for a small business accountant with the knowledge and experience to tailor their services to best suit you. Talk to your accountant about their short term plans and how they can help you reach your long-term goals.
A combination of expertise and experience is paramount to the future growth of your company.
The accountancy and business services we offer
When starting a new project it is important to get off on the right foot. The expertise of small business accountants can provide start up advice to help you put things in place now, but in a way that will allow you to adapt easily when the business begins to grow.
Tax advice from an accountant should be a given, and you can test the knowledge of your accountant by do a little research into new tax laws and determine whether your accountant is up to speed with the latest developments.
Professional accountants will also help you integrate an effective bookkeeping and payroll systems that will greatly cut down on time and costs. They should also offer to carry out Limited company formations and advise you on the different responsibilities of being a company director compared with a sole trader or partner.
Accounts for entrepreneurs go above and beyond
Our expertise in finance does not limit what we may be able to help you with. We understand that your journey to success is personal to you, and we will provide assistance in any way we can without stepping on your toes. What we do is listen to your ideas and make suggestion where they can – or need to be – improved.
The friendly team at Taxaccolega, a low fixed fee accountant, is always happy to hear from our clients so do not hesitate to call us and ask for advice drop in for a face to face meeting. You are always welcome to our offices in London. We also guarantee a professional and honest service that is delivered in a way you can understand and relate directly to your needs, so why not call us today on 08000 235 234 or email email@example.com and find out what we can do for you.