Why Do I Need An Accountant?

In various phases of your company’s growth,  there are good reason to employ an accountant.  The accountant will make life at every stage simpler for you from business plan to company forming, loan application to taxation investigation. 

It does not always mean that you have to employ full-time accountable or hire full-time accountant. 
Often just few hours’ time would be necessary.  You may think you can’t afford banker like 

all small business owners who want to save money.  But see, how long you need to do number of  tasks (e.g. taxes), and ask, is your time good use?

 

Let us assume for example, that you have to pay tax  for 10 hours, and your time is worth £ 100 an hour. 
It is £ 1000 to make your own income.  And always there is the possibility that you made mistakes – 
particularly if you do multiple tasks like most of the business owners. 

However, if you get an accountant to take care of time-consuming tasks like taxes, it’s quite likely they will cost less per hour than you would pay yourself. You’ll not only have extra time to free you up to generate revenue, but you’ll have peace of mind that an expert is taking care of the details. 
So what other moments during the life of a typical small business, might you want to hire an accountant to help you?

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