Save Money and Grow Faster with a Good Accountant
A study found that small and medium-sized businesses experienced an average revenue increase of 11.5% when utilising external financial advice. While DIY accounting might seem like a money-saver, imagine what a good accountant could do for you.
Have you ever wondered if you could be doing more with your finances? While avoiding retainer fees may seem tempting, you could be missing out on key opportunities to save – and even make – more money.
Top 5 Ways a Good Accountant Can Save You Money
1) We Free Up Your Time
Let’s face it: Time IS money. The more time you spend on bookkeeping, taxes, and financial statements, the fewer hours you have to dedicate to the tasks that will actually generate money for your business.
Have you ever found yourself buried in paperwork, wishing you could spend your time growing your business? An accountant can take that load off your shoulders.
2) We Help You Be More Tax-Efficient
Accountants have the expertise to save you money by being more tax-efficient. This means claiming what you can, obtaining loans if you are entitled to financial support, and maximising the tax deductions you are entitled to.
For example, a performing arts company might qualify for theatre tax relief but may not realise it. Without financial advice, they could end up paying more in taxes than necessary. That’s money that could be invested in growth instead.
3) We Help You Avoid Fines and Penalties
You need to file your taxes correctly, and you need to do this on time. With legislation changing regularly, this isn’t easy, and you could be leaving yourself vulnerable to penalties and charges simply because you didn’t know.
By hiring an accountant, you can be assured that you’re filing on time and that your taxes are correct.
4) We Identify Opportunities for Growth
Have you ever looked at your numbers and thought, “Where could I be doing better?” Accountants keep your records up-to-date, so you will always know the figures of your business and that you’re making informed decisions.
At a glance, you’ll be able to see how you’re performing, what’s coming in and what’s going out, and also your liquidity. There is power in data!
For example, we can help you ascertain how long you could survive if there was a recession, where you can cut down expenses to save money, and where you should be delegating most of your budget if you want to grow.
Your accountant is the key to unlocking growth opportunities you might not have considered.
5) We Offer Invaluable Business Advice
As well as accounting, a good accountant can offer business guidance to help you increase your chances of success.
They can help you build a business from the ground up; they can help you with goal setting and planning, budgeting and forecasting, and pricing to increase your profit margin.
The right advice can make a world of difference.
Atek’s Money-Saving Solutions
With Atek on your team, you can save both time and money while having the reassurance and peace of mind that you’re making sound business decisions for your future.
Book a free consultation and start saving today!
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