09 Dec How to choose the right accountant for your SME
Picking an accountant is like picking a business partner: the right one will support you, encourage you, and help you to thrive, whilst the wrong one will drain your resources and do little to assist your venture.
Here at SQK Accountancy, we like to think that we fall into the former category, and we endeavour to do our best to advise and guide your small business as it grows into something bigger and better.
If you’re struggling to make a decision, let us help you now: here are our three top tips for choosing the right accountant for your SME.
Our modern world has been exquisitely enhanced by technology, and accountancy has been just as heavily transformed as every other industry. One thing this means for would-be clients is that location no longer has to be a deciding factor when it comes to making a decision.
Cloud-based technology ensures that collaboration is easy, and this really helps to widen the net when you begin looking at suitable firms. If you’re happy collaborating via emails, phone conversations, and video software, then don’t let location restrict you; if you’re not, consider someone closer to home so that face-to-face contact is on the cards.
Perhaps the most important criterion to consider when choosing an accountant is their expertise, so try to find a company with experience of completing tax returns and financial documents for companies that are a similar size and have a similar revenue to yours. If these are in the same sector, even better. It’s perfectly acceptable to ask for portfolio examples, so that you see how their clients have grown and developed with your potential professionals to help them.
It’s hard to narrow it down to just three factors, but our third one is also important: look for an accounting firm that has a proactive approach like our own. You’ll soon find that many professionals do little more than the bare minimum, whereas the best are proactive in saving you money as well as managing accounts and filling in forms.
To ascertain whether they are for you, ask your potential accountants one simple question: what would they suggest to help your business better conserve its funds? If they offer an answer you’re satisfied with, they could be the perfect people for you.
To find out more about our own accountancy offerings, contact us at SQK Accountancy today.