Starting a new business? Get 40% off our accountancy services for 3 months! 😀

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Running your start-up can be time-consuming and stressful. How can you keep track of the numbers and your business with few, if any, staff and spare hours?

You can’t. You need someone else to know your numbers too. That’s why an accountant is worth every penny.

Here are just a few of the reasons why hiring an accountant is exactly what you and your start-up need.

You can focus on what you’re good at

Whether it’s fitting double-glazing, buying and selling products, or making sock puppets. Your start-up uses a skill you have, a service you provide or a product area you know well.

Spend your time growing your business and wielding that talent – and let your accountant wield theirs.

You can save time

Your accountant can complete and submit your tax returns in a fraction of the time it would take you. If you want them to, they can also do your book-keeping, handle your payroll, help with pension auto-enrolment and dish out financial advice.

Be honest. Do you have the time to handle all this, without sacrificing time you should be spending on your business – or with your family and friends?

 
Startup business accountancy services

It reduces stress

Bookkeeping, tax returns, VAT; they’re all stressful when they’re not your area of expertise, and quickly become tasks you dread tackling.

There’s also the fear of submitting incorrect or late tax returns and incurring a penalty. Let the accountant handle the stress for you.

You won’t have to talk to HMRC

Your accountant will also handle any communication with HMRC, including dealing with them if your business becomes the subject of an HMRC investigation.

Having said that, there’s another plus side to having an accountant. HMRC will find it reassuring that you have one, knowing your financial affairs are more likely to be in order. That means your business is less likely to be the subject of an HMRC investigation.

You will keep as much of your hard-earned cash as possible

Your accountant knows all the ins and outs of business finances, registration, tax and VAT. They’ll ensure you claim fully and appropriately for all the expenses and allowances you can, potentially saving you a small fortune.

You can get financial advice from someone who knows your numbers

If you’re thinking of expanding your business, applying for a loan or grant, trying to attract an investor or starting a crowd-funding campaign, your accountancy team are in the best position to advise you on your next step. They’ve got an overview of your business finances and the expertise to point you in the right direction.

Talk to one of the team about our digital accounting services for startup businesses. Call 020 3355 4047, or grab an instant quote online.

About The Author

Beth-Anne Bruce

I'm an experienced and fully AAT and ACCA qualified accountant, who is enthusiastic about helping business owners succeed. I also love cooking and needlepoint (at different times!). Learn more about Beth.

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