You may think if you’re running a small business you can shoulder the responsibility of all the financial admin tasks and investment decisions. However, there are plenty of reasons to get an accountant on your books. From offering professional clarity when it comes to making big growth decisions to getting all your bookkeeping records and financial reports in pristine condition, there are so many ways an accountant can help.

Help you upscale your business

If you have big plans for your business, an accountant will be able to offer strategic financial planning so you can grow faster. They can impart advice when making some bigger investment decisions to help you weigh up the risk and decide whether it’s a good time for your business to scale up.

They will also free up your time so you can dedicate your energy and resources into managing your business and getting the job done.

Never miss a tax deadline

Missing a tax deadline is to be avoided at all costs. Even if you’re a couple of days out, HMRC could send you a fine.

Have accurate financial reports

Trying to do all your bookkeeping and accounting yourself when you’re not qualified in accounting for business leaves you vulnerable to making mistakes or missing important deadlines or information. With an accountant by your side you can have peace of mind that your accounts are in order and up-to-date. Having accurate financial reports is paramount to keeping your business healthy and will ensure decisions are based on accurate data.

Keep informed of updates

Financial regulations can change or be added to on a regular basis. Having a dedicated accountant by your side will ensure that nothing slips through the cracks – and that you stay fully compliant and prepared for the next big changes.

If your small business is searching for an experienced accountant in Ely, contact McIntyre Stuart today. We take the time to know your business and will offer accounting services that work around your requirements. As Making Tax Digital accountants, we’re ready for the next step in business accounting. Get a free quote today.