Hiring an accountant especially for small businesses is critical. First, they are expensive. Having an accountant for your small business may be critical since it will be too expensive to hire one. That is why you need to look into consideration the capacity of you hired accountant if they are worth the money you are paying them. You have to assess your accountant whether they are productive or not.
We have listed five signs for you to know whether you need to change your accountant.
1. Your accountant is too expensive
For a small business, it may be too expensive for you to hire a certified accountant for your accounts. Instead, look for an accountant that offers a variety of packages. This will allow you to pick one that’s right for your business since you are just paying for the services you need.
2. Your accountant charges you every time you seek advice
Of course, being the business owner, you need to make sure you are paying the right amount of tax and claiming everything you are entitled to. With this, you will be needing advice to your accountant because they know best. However, if your accountant always sends invoices after every advice, then maybe it is time to hire a new accountant.
3. It is hard for you to visit your accountant
Is it hard for you to book an appointment with your accountant? If it is wasting your time coming over to your accountant to seek advice, maybe it’s time for you to look for accountants who can be reached anytime. Eclat Accountancy Ltd offers you online accountants you can call or email whenever you need help. In this way, you will be able to save time and effort in visiting your accountant. Visit their website here.
4. Your accountant fails to make you understand the situation
We know for a fact that this career has a lot of information that regular people may not know about. Therefore, it is the responsibility of your accountant to make you understand the things you don’t know, especially when it comes to your financials. In discussing, your accountants should not use jargons to avoid misunderstandings. If your accountant always use terminologies you do not know, consider hiring a new one.
5. Your accountant makes you fill up spreadsheets
This can be alarming because this only means they are doing their job. Spreadsheets are sensitive because one small error can change the whole sheet. Formulas are all over the sheet and once you deleted one of them, your whole spreadsheet may end up useless. Therefore, accountants must be able to do this task because this is their job, and this is what you pay for them. You don’t have to strain yourself from filling out these spreadsheets because it is their responsibility to create one. Your responsibility is to analyse the results and give proper strategic decisions out of this.