How an Accountant Helped Me

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How an Accountant Helped Me

Some small business owners view accountants as an unnecessary expense. I know this because I used to be one of those small business owners. However, all of that changed when I realised that my business account didn't balance. I realised that I did not have the skills to do the numbers anymore so I called in an accountant and asked him to go over the books. He was a real pro and I decided that I needed him on my team. Since hiring the accountant, I have learnt just how important the work they do can be to a small business.

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4 Reasons Why You Should Hire a Bookkeeper for Your Company

26 August 2021
 Categories: , Blog

The role of bookkeeping is to create the financial records of an institution. In addition, it provides information required in the accounting process. As a business owner, you can maintain these records yourself or hire a professional bookkeeper to handle the task.  A professional bookkeeper is trained and has adequate time and resources to manage this function effectively, making hiring them worthwhile. If you are on the fence about whether or not to hire a bookkeeper, here are some convincing reasons to do it. Read More …

Financial Management Tips

24 June 2021
 Categories: , Blog

Managing your finances can be a difficult task. It is especially so since expenses never seem to end. Below is a guide with intricate details on how to manage your finances.  Set Financial Goals The easiest way to manage your finances is by setting financial goals. The goal-setting process is not as easy as one may think. Typically, you have to assess your income to establish reasonable goals. Additionally, each of your goals should have a time limit. Read More …

Invoices and Collections: Best Advice for Small Businesses

8 February 2021
 Categories: , Blog

Invoicing, billing and collections are critical components of any business. When all is said and done, your business needs to receive money from customers to sustain good cash flow and remain liquid. The efficiency of this process depends on what you do at the initial stages of invoicing and your customers. Your accounting procedures come in handy at this stage by revealing your accounts receivable balances and letting you know when to follow up aggressively for payments. Read More …

How a Commercially Aware Accountant Is an Asset

20 November 2020
 Categories: , Blog

Preparing financial reports, preparing tax returns, and ensuring financial documents are accurate and compliant with relevant laws are among the key accounting services that your business will need. While very important, your choice of a business accountant shouldn't start and end with their ability to do these tasks. You want an accountant that has commercial awareness. An understanding of your business model, who you serve and how you make money, as well as an awareness of what is happening in your industry and business market, are the main elements of commercial awareness. Read More …

Top 4 Factors to Consider When Outsourcing Your Accounting Functions

7 July 2020
 Categories: , Blog

From being able to concentrate better on your core competencies to avoiding the burden of putting together a package for an in-house team, there are many benefits to outsourcing your accounting services. These are all benefits that you can look forward to if you hire the right services. That said, what should you consider when choosing an accounting services company? Here is a look at the top factors. Certifications and Licensing Read More …