Unless your business has plans to remain very small, its accounting requirements can quickly become overwhelming for you to handle alone. If you are not a trained accountant, this could be bother costly in time and money. It is likely to take you longer and there is a risk of making costly mistakes.
If you find you are spending more than four to five hours a week on the accounting or have plans for growth, then it is time to seek the experience of an experienced Accountant
Having an accountant frees up your time so you can focus on what you do best. It also cuts the risk to your business by reducing the likelihood of errors in tax, financial reporting and compliance particularly with HMRC
An accountant can also actively save you money in many areas by increasing tax efficiency, potentially improving cash flows and funding options. An accountant can also provide support by offering general business advice.
