Do I need an accountant? Time to bring in the professionals.

When is the right time to enlist the help of a financial accountant? 

Accountants help businesses and individuals at various stages of their financial journey. Especially through periods of growth. If you have big plans for your business, it’s good practice to engage with a Chartered Accountant that specialises in a business advisory service to help you define the success of your growing investments. 

Seeking financial advice

Being in business means you often have to be the wearer of many hats. You are the CEO, Chief Financial Officer, Marketing Manager and head of HR. To ensure the success of your business, it’s important to ensure you are working within the realms of your capabilities and focussing on the areas of your business that encourage growth. 

Often, finance and accounting advice isn’t the reason you went into business. Engaging the services of someone specialising in this area will free you up to concentrate on the work you WANT to be doing while giving you the confidence that you are on the right track from a financial point of view. 

Working alongside you, your accountant and a business advisor will help you define your business goals, reduce your tax, maximise profits and achieve business success.

How does Ake Accounting help?

Having a financial advisor in your back pocket is key to most business economic health and success. The role of your accountant is to make the numbers work for you by ensuring compliance, advising you on reducing your tax and maximising your cash flow. 

The team at Ake Accounting are more than just accountants - they are also in the business of providing strategic advice on how your business is managed from a financial point of view. They will objectively assess performance and help you to identify areas of improvement. Through a series of advisory services and coaching sessions - the Ake team will ensure your business is in the best financial position for its future success.

Challenges for growing small businesses

There are many good reasons for hiring an accountant at different stages of your company's growth. Regardless of the maturity of your business, from start-ups through to established businesses, Accountants provide a level of insight and forethought that is invaluable.

For small businesses who may be trying to save money, you may think the expense of an accountant is one that is out of your reach. However, your accountant takes responsibility for a number of tasks that free you up to work in other areas of your business - such as generating more revenue.

If your business growing, you are ready to delegate.

Delegating your company's financial affairs is often the first place businesses start when they are looking to free up time. Once you've handed over your company's finances to someone more experienced in accountancy than you are, you will have more time to concentrate on the other aspects of your business that ensure growth and profitability.

When your business is in a stage of growth, engaging with your accountant will help you handle transitions such as taking on employees, or obtaining a lease for property in a way that works financially for you. 

Ake Accountants are with you every step of the way

Our team are here to help you succeed, whatever stage your business is at. Our team will objectively help you unlock your business potential and set you on the right path to success.

If you’re interested in booking a session with one of our Advisors or talking to someone about the unique needs of your business, you can book here.