What Are The Benefits Of Hiring An Accountant?

If you run a small business and you have high aspirations to grow the business, it’s highly likely that at some point you need to seriously consider getting an accountant. Although hiring an accountant is not a legal obligation, hiring an accountant will help you to stay out of legal trouble, and more. Whether you’re a startup, freelancer, contractor or sole trader, there are so many benefits that you can reap from hiring a reliable accountant that has your best interests at heart.

In this latest blog post, we are going to be delving in to the top 5 benefit of hiring an accountant for your business…

Stay Out Of Legal Trouble

When your business hits the inevitable heights that you initially set for it, having an accountant there to guide you through the various tax thresholds, VAT necessities and next logical steps is absolutely paramount. Businesses can grow quicker than you may have first anticipated and so hiring a trusted accountant that you can trust will pay dividends for your business, almost quite literally! Accountants just like A1 Professional Accounting can prevent you from getting into legal trouble by recording accounts accurately and meeting tax deadlines without the year.

Accounting Is An Investment

This benefit is often one that gets brushed under the carpet. Accounting is an investment for your businesses as trusted accountants have expertise in making profitable business decisions for the short-term and long-term benefits of your business. Accountants just like A1 Professional Accounting will interpret data and produce key future forecasts that can ultimately play a massive part in determining the overall success of your business for the years to come.

Reduce Your Taxes

It’s no secret that the more you earn in your business, the higher the taxes you’ll have to pay. However, when you hiring a local and trusted accountant, they will help you to make the absolute most out of your tax benefits that you get as a business owner. After an initial consultation and once we have found out more about your business goals and aspirations, we can discuss all types of pathways such as going to a limited company, ensuring that you are legally claiming all your are entitled too, and much more.

Business Advice

Accountants do much more than just number crunching. As accountants, we use number crunching to actually translate that into sound business advice. It’s useful if we just give you a set of numbers. However, if we break them down for you and translate that into what this means for your business, you get quality business advice as a result. Companies just like our team at A1 Professional Accounting actually provide a dedicated business consultancy service for all types of businesses throughout London.

Saves You Time

As a business owner, especially when you’re just starting out, you wear so many different hats. Making the time for social media scheduling, networking, and doing what you do best can be extremely time-consuming. But when you outsource your accounting requirements to a trusted specialist, you gain back so much time and complete peace of mind that an essential part of your business is in the right hands. If you’re looking to gain back time so you can focus on doing what you love and building your business, we highly recommend considering a local accountant just like A1 Professional Accounting.

Why Choose A1 Professional Accounting?

If you’re looking to reap all of the above benefits and more, choosing the right accountant for you is the next logical step. It’s important to choose a 5-star rated accountant that is local to you although accountants can now work fully remote due industry-leading software. Here at A1 Professional Accounting, we are proud to be a 5-star rated accountancy company that provides our services for a wide range of business owners.

Check out one of our latest reviews below:

”A1 Professional Accountants prepared my company accounts. The service was fast and reliable. The accountants made the whole process easy and were very friendly and professional.”

For more information, please get in touch with our accountants today by calling us on 020 3740 4055 or use our contact form.