At Mullen Stoker, we see firsthand the challenges of running a business single-handed. As a business owner wearing lots of hats, you have to be your own cheerleader, marketer, networker and take care of the daily admin and finances. This is a big ask. It can be lonely and daunting challenge to keep all the plates spinning. And the last thing you need is to be pulled away from the core offering that you built your company around in the first place.
Are you getting the most out of your Accountant?
We believe that your accountant can, and should, offer ongoing support and help you to grow personally and professionally. We want you to build a great business which gives you the time and money to do the non-business things which are important to you. With this in mind, we’ve put together some key areas to think about to help you navigate the (sometimes) choppy waters of running a business and fully support your goals:
Find an accountant that’s rooting for you.
Your accountant should offer much more than tax returns. Think of choosing an accountant as choosing a new business partner – a trusted colleague you can depend on, who offers advice and guidance to help your business grow.
Get more bang for your buck.
Your accountant is a vital source of information and advice for making critical business decisions on a weekly, even daily basis. As a valuable ‘outside eye’ they can offer a new perspective based on the bigger picture, giving guidance on applying for business loans, offering solutions to problems and even new business ideas. They can act as a financial advisor to help you with budgeting and monitoring cash flow on a steady basis, to help you to reach your goals.
Get the latest advice on rules and regulations
It’s hard to keep track of changes to regulations. The good news is, qualified accountants have to keep up with these changes because it’s their job. This means you can rely on them to prompt you when laws change, giving you peace of mind and allowing you to concentrate on running your business.
Choose a proactive service.
By this, we mean choosing an accountant that actively seeks out opportunities to save you time, money and help you grow. There are plenty of reputable accountants that will get in touch when a return is on the horizon – but you’ll have missed some great opportunities in the meantime. And it’s ok to expect more.
Have a shared vision for your future.
Your accountant can be an important part of planning your future, advising you on the best ways to grow your personal wealth. From savings and investments to pension planning and exit strategies, make sure you tap into their industry knowledge and experience to give you the best chance of success.
Looking for more support from your Accountant?
We’d be delighted to help. Click on the following link to speak to our friendly team >> Contact us.