Starting your own business is a huge accomplishment! It opens up many doors and opportunities to grow but also brings a hoard of questions that you may have never considered before now. More importantly, the question we’re focusing on today is ‘Do I need an accountant?’.
Some people may say try it yourself first and see how you get on, others will say otherwise. We’re going to discuss why you should get yourself an accountant and why it’ll benefit you in the long run.
Avoiding Unnecessary Mistakes
If you’re self-employed, filing your own taxes and keeping track of expenses can be an easier task. However, if you’re not a sole-trader then that’s when your accounts become a bit more difficult to keep track of.
If you’re not too sure where to start, it’s always best to get a professional opinion.
If you have the knowledge to do your accounts yourself, then there’s always the question of ‘do I have the time it takes to spend a few hours a day getting everything in line?’. If the answer is no, then you might consider asking for help.
It’s precious time that could be spent contributing more to your business rather than looking through endless bank statements, receipts, and trying to stick to strict deadlines!
Not Enough Hours In The Day?
A lot of self-employed people can find it hard to take the time to speak to their accountant. Your accounts are essential to the running of your business, however tedious the task may be. If you’re struggling to find that time in your 9-5 then looking into online accountants could be a useful resource.
Online Accountants allow you to be in the comfort of your own home and still have your accounts run as smoothly as ever. No unnecessary coffee meetings, just a simple online conversation to keep the cogs moving.
This way, you’ll still have a dedicated accountant to take care of your expenditures, just like any high-street accountant. Easy, right?
The popularisation of Online Accountants has been a gradual climb over the last few years, allowing people to work remotely if on a tight schedule. Perfect for small business owners who struggle to find time to blink!
Tilley’s Accountancy Is Here to Help
Looking for an online or in-person accountant to help you with any of your accounting needs? Tilley’s Accountancy is here for you. We work alongside a broad range of different clients who specialise in all kinds of sectors and expertise. We know how to guide you and point you in the best direction that will help your business thrive. If you need an accountant for bookkeeping, VAT returns, payroll (and much more) then get in touch with us today! Take the burden out of your hands and allow us to whip your accounts into shape.