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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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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 …

Working Capital Explained for Startup Business Owners

2 June 2020
 Categories: , Blog

Startup businesses are challenging enterprises for anyone who runs or owns one. Being new in the market usually means that you cannot predict the impact of your decisions. Most things are just trial and error. However, you can change the narrative by learning about the fundamental aspects that affect the decisions you make for your business. Examples here include accounting essentials such as income statements, balance sheets and cash flow statements. Read More …

Why You Would Be Better off to Outsource Your Payroll Processing Headache

27 July 2019
 Categories: , Blog

If you run a growing company, then you know that your business is only as good as your best employees. You know that you need to look after them as much as you can and ensure that they are happy while working for you, but this is sometimes easier said than done. Furthermore, you need to look into different programs and incentives to make sure that your people are at least as well cared for under your watch as they would be by your competitor. Read More …