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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Understanding the Different Options for Liquidating Your Company

14 April 2023
 Categories: , Blog

At some point, a business may reach the end of its life cycle, and it may no longer be a viable option to keep it running. The reasons for this could be due to financial reasons or the lack of growth potential, among many other factors. When this happens, business owners consider liquidation as a viable option, which involves selling off the company's assets and distributing the proceeds to creditors and stakeholders. Read More …

How Can You Calculate Your Small Business KPIs without Good Data?

25 October 2022
 Categories: , Blog

As a small business owner, do you often make business decisions based on the direction of the prevailing wind? Do you decide to incur business expenditures based on a hunch or think about expanding because it just "feels right?" A surprising number of people in this situation do because they don't maintain a comprehensive set of accounts to keep them up-to-date. Why is it better to focus on bookkeeping and make these decisions with more conviction instead? Read More …

What You Should Do to Help You Get Ready for Tax Day

20 June 2022
 Categories: , Blog

If tax day is fast approaching, you may be developing a sense of panic. You might not have paid as much attention to bookkeeping as you should have and may now be struggling to bring everything up to date before you can complete the relevant paperwork. But what else should you be doing to ensure you can send in an accurate and comprehensive return and not worry about any blowback? Read More …

Starting Your Own Business? Why You Need To Start By Hiring A Business Tax Accountant

22 December 2021
 Categories: , Blog

If you're just getting started in a business of your own and you haven't hired a business tax accountant yet, now's the time to take care of that. You might not realise this, but a tax accountant is one of the most important team members you can have for your business. Unfortunately, many business owners don't think that they can afford to hire a tax accountant, especially when they're just starting out. Read More …

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 …