February 12, 2016

Changing accountants? The time is now...

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Changing accountants? The time is now

With most New Years resolutions failing by the time January reaches its end, you could argue that February heralds the years true fresh start. By now youve shaken off the post-Christmas blues, paid your tax to HMRC (if youre self employed) - and youre ready to really kick-start 2016.

So, this is the perfect time to take stock of your business finances and investigate the ways in which you can make 2016 your most successful year ever. Allow us to put changing accountantsat the top of your to-do list

How changing accountant can benefit your business

If you see your current accountant as a number-cruncher, good for your end-of-year tax return and not much else, then its probably hard to comprehend just how much difference a switch could make.

But modern accountants offer a more pro-active service, providing financial and business advice throughout the year rather than just balancing the books at the end of it.

That extra support allows you to consistently grow your business, identifying financial opportunities as they arise and helping you plan your cash-flow more efficiently. And of course, we still take care of the end-of-year stuff too

See a specialist

If youre going to be working alongside your new accountant all year round, best to find one who understands your industry. Accountants with a specialism in your sector wont just speak your lingo, theyll know all the latest laws and legislation governing your finances - and theyll be able to advise you accordingly.

Better still, theyll be able to benchmark your business against others in the same sector, helping you to set realistic targets, monitor all-important KPIs and apply industry-wide best practice.

At Inform, while we deal with all types of business, we offer particular specialisms in both the hair and beauty industry and the creative agency space.

Head for the clouds

Still need more reasons to consider a switch of accountant? How about the opportunity to save swathes of time (and money) by taking advantage of modern cloud accounting platforms like Xero?

Xero helps you keep on top of your business finances wherever you are, via mobile device, tablet or laptop, and saves you countless trips to your accountant or the post office to send in your paper-based accounts. It also provides you with instant, on-the-go access to financial analysis, in-depth reporting, invoicing facilities and much more.

As a Xero Gold Partner, and an award-winner in 2015, we are the leading Xero accountants in Sutton Coldfield and the West Midlands - ahead of the curve when it comes to turning technology to your advantage.

If youre interested in finding out more about how a switch of accountant could benefit you and your business, just give us a call on 0121 667 3882 or drop us an email.

 DOWNLOAD THE FREE INFORM ACCOUNTING APP

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