How To Choose The Best Local Accountant

Whether you’re self-employed or you have just taken your company Limited, it’s highly likely that you’ll need a local accountant to help take your business to that next level you’re dreaming about. Having a good accountant that has your back is absolutely crucial to business success as they will ensure that you are tax efficient, ensure that you meet all tax deadlines, and keep your books in good order. Choosing the right accountant for you isn’t something that should be rushed. In this latest blog post, we cover our top EIGHT tips for finding the best accountant near you.

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Consider Recommendations

Do you have a family friend or relative that also runs their own business and is seeing success in their business using a qualified accountant? If so, it may be well worth considering their recommendation and arranging a FREE consultation with the accountant(s) to find out more about what they offer and how they help your business specifically. Speaking to a new accountant from a recommendation will help to give you that peace of mind from they can be trusted and that you’re in good hands

Research Your Options

It’s also highly advisable that you don’t just go with the first accountant that you speak to. Researching your options in your local area and talking to 3-4 accountants is a wise decision. This is important because there may be an accountant that is closer in proximity to your address that offers everything that you need, that can also meet for consultation if you’re looking for that personal approach. A new accountant should be able to offer business consultancy, bookkeeping, company formation, and fulfil all your tax obligations and planning.

Explore Their Services

Before you go ahead with an accountant, it’s important to make sure that they offer all the possible services that you’re going to need. Not just for now, but for the future too. For example, you may only need bookkeeping services now but if you have big plans for the future, you’re also going to need business consultancy and company formation if you plan to go Limited. It’s much more beneficial and efficient for you to be dealing with an accountant that provides a one-stop-shop accountancy solution just like A1 Professional Accounting. We offer a number of accountancy services including:

Size Of Accountancy Firm

This is another key consideration for choosing the most suitable accountancy firm for your business. It’s important to think about what you’re looking for before beginning your search for a qualified accountant. For example, are you looking for a more personal service? If so, you may want to consider a smaller but more personable accountant just like A1 Professional Accounting. Our top recommendation here would be to stay well clear of ‘factory line’ accountants where you may feel like one of many with bigger companies that prioritise profits over client satisfaction.

Cost For Accountancy

It’s also integral to find out more about the pricing structure from the accountants you’re speaking to. Different accountants will set out varying pricing structures such as annual fees and monthly charges. It’s also important to find out whether or not there is a contract involved and whether there are any additional entry or exit fees involved for you to pay. When it comes to cost, it’s advisable to go for the middle-of-the-road pricing to ensure that you are receiving a quality service. As the old saying goes, you get what you pay for.

Reviews & Testimonials

Before deciding on an accountant, it’s recommended to check out their reviews and testimonials to see what current and past clients are saying about them. One easy way to do this is to search their company name on Google Search and check out their Google reviews. As a general rule of thumb, if they have a 5-star rating, we would recommend proceeding and speaking to them to see what they offer and how they can help.

Qualifications

Another key tick-box that your accountant should meet. They should have key qualifications that put themselves in a position as industry experts. In the UK, there are three main accounting qualifications; CIMA, ACA and ACCA. Make sure to look out for these certifications from the outset.

Business Type

Ideally, if this is possible, it’s advisable to find an accountant that has sector-specific knowledge in your industry. This will help them stand out from rival accountants and often make them a clear front-runner. Here at A1 Professional Accounting, we are experts in working with the following types of businesses and sectors, freelancers, contractors, SMEs, Buy To Let Landlords, self-employed, and more.

Contact A1 Professional Accounting

If you’re looking for a local accountant near you to ensure you are tax efficient, saving money, and meeting all legal obligations, we are here to help. Arrange your FREE consultation with us today by calling us directly on 020 3740 4055 or use our online contact form.