Many small businesses begin life with owners or internal employees looking after the books. While this may suffice in the start-up period as your business grows there are many reasons you should hire an accountant.

As a business owner your time is precious. When business is good you will have more than enough to deal with without going through all your numbers, checking the paperwork is correct all in time for any impending tax deadline. A good accountant will save you time allowing you to focus on your business making more money in the long run, offsetting any cost encountered by employing an accountant. A good accountant will know the tax laws inside out and will be able to save you money where you least expect it. You may not be aware that your business could claim certain benefits; an accountant could help you to take advantage of these. Offsetting the responsibility of accounting can also take a weight off your mind. After all making errors on your accounts could cost you in audits and fines. A professional accountant is well versed in tax laws and by using the services of a chartered accountant you’ll greatly reduce the risk of errors in your accounts. An accountant will also help you deal with regulatory and compliance requirements and ensure that any associated paperwork is in order. More than anything your accountant will do much more than crunch the numbers. They should offer solid business advice, for example on how to improve cash flow and operate more efficiently. D E Ball & Co Limited is an established firm of chartered accountants based in Telford, Shropshire.

For information on how accountants at DE Ball could help your business visit www.deball.co.uk