Catch up on our useful articles 

An accountant isn’t just for Christmas
17 Dec

With presents to wrap, parties to go to and the self-assessment deadline looming in January, you may be wishing you’d put an accountant on your Christmas list. But getting help with your accounts is something a startup needs all year round...

Delegating could save your business

You’re a startup, you’re going to be busy – fact! And with a gazillion things to do and only 24 hours in the day, something’s got to give (and it would be best if it wasn’t your sanity!). Failing to delegate is one of the biggest mistakes a startup can make so it really pays to have people in your corner to help take off the pressure. People like an accountant.

A partner on your startup journey

Going on a journey. Yes, it’s a cliché bandied around on reality TV shows – but seriously, as a startup you’ll most definitely be going on one. And who better to tag along for the ride than an accountant? They’ll be with you from the beginning to set you up with all the right processes and will stay with you to help grow your business.

Keeping HMRC happy

No business can afford to get on the wrong side of HMRC – but when you’re a startup you really don’t want to mess up. Getting timings wrong or failing to file the correct paperwork can incur penalties and fines – which could put you out of business if you’re not careful. An accountant will help you stay compliant, stress-free and in HMRC’s good books.

Saving you money

As a startup, you want to keep your outgoings to a minimum. We hear you! But not hiring an accountant can be a false economy. Do you know all the expenses you can claim for? Are you on top of tax benefits? Then you could be missing out on clever – and legal – ways to pay less tax. How about managing cash flow? It’s the bane of many a small business and startup who get into a pickle with poor cash flow management and end up falling into debt.

Start as you mean to go on

You can buddy up with an accountant at any stage but it makes sense for a startup to have one on board from the get-go. It means you can devote time and energy to your new business while your accountant takes care of the figures. Early intervention will provide a solid base for your startup and will help keep you on track as your business grows and prospers.

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