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Should I Hire an Accountant for My Small Business?

Running your own small business can be an intensely rewarding experience, but not without its challenges. For many small business owners, managing finances, taxes, payroll, and paperwork can be a time-consuming, frustrating, and confusing process.

While hiring an accountant to help with these aspects of business ownership can be rewarding and reduce the stress associated with running your business, it can be daunting to take the plunge and hire a third party to manage accounting for you. While many small businesses choose to handle finances internally, hiring an accountant can be a fantastic long-term investment that can aid your business growth and success while saving you time to focus on the parts of your business you really enjoy. Here, the SVCO team will explain what exactly a small business accountant does and whether or not this could help your company.

WHAT CAN AN ACCOUNTANT DO FOR MY SMALL BUSINESS?

While many accountants specialise in one area, here at SVCO we’re a one-stop shop for all things accounting when it comes to your small business. As well as general bookkeeping services, our Dublin accountants provide payroll services, financial statement preparation, tax compliance regulation, general financial advice, and more. Our aim is to make accounting as transparent, stress-free, and easy as possible for you, which is why we collaborate closely with our clients to ensure that you’re kept in the loop when it comes to the financial status of your small business. A good accountant should be flexible and offer tailored services where possible, which is why we offer our Dublin accounting services on a one-off and contractual basis for clients in all industries. We work around your schedule to ensure smooth, reliable, and easy accounting services that suit your individual needs.

CAN I AFFORD AN ACCOUNTANT?

One of the biggest roadblocks for small businesses considering hiring an accountant is that it is too costly, which is a common myth. Here at SVCO, we offer a range of packages to suit all budgets and specialise in offering accounting services for small businesses. While spending money on a job that could technically be done yourself can seem foolish, oftentimes businesses notice that the time saved by hiring a third party accountant allows them to focus more on other areas of their business which increases growth, revenue, and value. If you’re currently spending hours preparing financial statements and organising payroll, think about how beneficial it could be to spend that time connecting with clients, managing social media, or compiling marketing campaigns instead. Many of our clients report increased business growth and revenue after hiring the help of our Dublin accountancy services which, in turn, makes the investment well worth it.

WHAT SERVICES DO I NEED FROM AN ACCOUNTANT?

The services you require from an accountant will vary greatly depending on the industry you’re in, the size of your company, and the basis on which you require accounting services. Whether you’re looking for a full-service accounting solution or simply need some help filing end of year tax statements, we’re here to help. With experience helping clients in an extensive range of industries, we collaborate closely with you before taking on your accounting to ensure we understand exactly what you need from us. While many small businesses need some one-off help filing paperwork and financial statements, others will ask us to manage their entire accounting portfolio for them. We do it all, tailoring our Dublin accounting and business advisory services to suit your needs for a stress-free, easy, and straightforward experience all around.

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