About Me

Accountants and Your Family Business

Running a family business is fun, rewarding and a great way to spend time with your family. I know. My name is Anne, and I have been involved with a family business for over a decade. I started the business when I was single. Later, I got married and "hired" my husband, and since we had children, they have been involved too. As my business has grown, I have had to deal with a range of complex financial issues from adding my husband as a partner to setting up special funds for new employees to figuring out the most financially advantageous way to pay my kids. My accountant has been an invaluable part of that process, and now, I want to share why. If you run a small family business and want help from an accountant, this blog will explain what you need to know.

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Why Should Small Enterprises Outsource Accounting?

Posted on October 8, 2021

Although many people who run their own business will be perfectly at home keeping their sales ledger up to date, there is more to accountancy than basic bookkeeping. As soon as you start looking into the details of an average tax return and need to account for your business overheads and expenses, the picture becomes much more complex. That's why you might be tempted to take on an accountant who can take care of this side of the business for you. [Read More]

Are You Running a Small Business? 4 Reasons to Hire a Bookkeeper

Posted on July 26, 2021

Most businesses start with an idea and grow with the right strategy and implementation. However, you might not have the capital for recurring expenses from employees and experts in the initial stages of the business. One of the business roles that people often try to manage on their own is bookkeeping. While it might seem like an easy way to save money, it can also limit your business growth in various ways. [Read More]

3 Payroll Mistakes You Might Be Making

Posted on May 24, 2021

Employees play a critical role in any company. It is their dedication and efforts that make your business thrive. For that reason, you need to reward them properly. However, dealing with the payment system can be complicated, and many businesses, even large organisations, make mistakes if they don't use reliable accounting services. These mistakes might seem insignificant but could lead to penalties. If you are running a business, it is your responsibility to avoid payroll errors. [Read More]

3 Reasons Why Small Businesses Need to Hire Competent Accountants

Posted on November 30, 2020

Every entrepreneur ventures into business to grow and succeed. If you want your business to thrive and remain profitable for decades, you must have a solid business strategy. The critical component of a business strategy that many people overlook is bookkeeping. If you are not aware of how much your business is making and how much is going to expenses, you might spend a lot of time thinking your venture is profitable when it's not. [Read More]