Do you run a small business?
Having frustrations dealing with taxes, payroll, expenses, budgets, etc.?
You should probably hire a small business accountant and here are 3 reasons why:
1 – Most small businesses overpay their taxes
An accountant can help make sure your business isn’t paying too much when it comes to taxes.
As a business, whether it be carpet cleaning, window washing, auto repair, or dentistry, you are entitled to paying the least amount of taxes that you legally have to. Sounds obvious, but it’s a point that gets overlooked a lot.
Accountants will help you organize expenses so that you can ensure you are getting write-offs when they are appropriate.
This means your food, gas, travel expenses, and hotel bills can all be written off as long as they were used for business purposes.
Did you meet with someone on your vacation and discussed business issues? This is an example of a business write-off expense.
Did you take a client out to dinner and a round of golf? Great, write this off too.
You will be amazed at how much money your small business can save by hiring a small business accountant.
2 – Your time is too valuable
If you’re the owner, founder, CEO, or even a manager, your time needs to be spent doing more productive things for your company. Not paying the bills.
Leave it to your accountant to handle, from expense reports, to web hosting issues, to tax write-off information. You shouldn’t be spending your valuable time doing this kind of stuff.
Simply outsourcing it to a professional helps you make sure the job is done right, efficiently, and the bottom line is that you don’t have to spend your own time figuring it out.
3 – Online accounting is even better
What’s better than having a personal small business accountant?
Having a virtual or online personal accountant, of course.
Unless she’s that hot secretary that greets visitors at your business, paying for someone to come to your office to do work that can easily be done remotely doesn’t make a lot of sense.
Hiring an online accountant means you can completely outsource all your accounting needs with a few clicks of a mouse and a detailed email or two with your information.
It is important that you make sure the online accounting firm is reputable and can be trusted before you give away any information about your company.
Websites like CompanyReviews.com rank and review different companies in different categories. This would be a good place to make sure the company you are interested in has good ratings.
There’s really no secret to fully automating all of your company’s accounting needs.
Simply put in an easy to follow, three-step process:
1- identify your company needs – what are you looking to accomplish?
2- set aside a monthly budget of what you are willing to spend
3- research the best online accounting firms and chose the best fit
Easy as that!
Once you have experienced having an online accountant, you will never go back to your old ways of trying to handle that confusion on your own.
Leave it to the pros so you can focus on the important stuff, like growing your business.