Have you ever stopped to wonder why your business uses an accountant?

When your company gets to a certain size, it seems inevitable that you’ll need to call in an accountant. But what do they actually do?

  • Do you use them purely because you need to submit your statutory accounts?
  • Do you talk to them only because you’re legally bound to submit a tax return?
  • Do you have an accountant because… well, because everyone else does?

If you’ve answered ‘Yes!’ to any of the above then you’re not getting the best value out of your accountant.


And, if you use us right, we really do add so much more than just delivering your annual accounts – we can actually revolutionise the success of your business!

Compliance doesn’t help grow your business
In the past, businesses had an accountant for one very dull reason – compliance.

Accountants took all your receipts, paperwork and bank statements and delivered some end-of-year accounts. And they did that so your business complied with its legal and financial requirements as a UK business.

So far, so dull!

But there’s a problem with relying on historic accounts – they’re out of date, and they only tell you about what’s happened in the past (usually a long time ago in the past).

As a business owner, charged with sailing your business through the choppy waters of the marketplace, you need real-time data and up-to-date information about your performance.

It’s having this current view of the business that allows you to make the right decisions and take care of the long-term future of the company. And this is where a better relationship with your accountant really adds value.

Business advice is what adds true value

If you see your adviser once a quarter – or worse still, once a year – then you don’t have the right kind of depth to your advisory relationship.

You need more frequent contact and a more productive working relationship with your accountant. By meeting and talking regularly, you get two key benefits:

  1. Your accountant gets to know you, and the intricate details of your business, in a lot more depth.
  2. Your accountant, because of their deeper understanding of the business, can give you far more insightful business advice – advice that’s tailored to your specific needs and the end goals of the company.

And this is the big difference between a ‘traditional accountant’ and a ‘modern cloud-based accountant’ – a good, 21st-century accountant is a trusted business adviser, not a dull bookkeeper.

We can help you:

  • Produce regular monthly management information that gives you a one-stop overview of the health of the business.
  • Spot any financial issues well before they happen and supply strategies and guidance to overcome them.
  • Grab the right business opportunities and build profitability into your company from the ground up.
  • Turn your business from a company that ‘just gets by’ to an enterprise that’s growing, evolving and meeting its profit goals.

Discover how accountants add value
So, that’s why you spend your hard-earned cash on an accountant. With the right relationship and the right understanding of your business goals, an accountant has an incredibly positive impact on the long-term future of your company.

(And if you’re not getting this higher level of value and guidance from your current adviser, may we suggest that it’s time to swap to a new one…)

If you want to know more about the impact a good accountant will have on your business, sign up for forthcoming webinar Making a success of your business – not just a living’.

We run regular webinars to show you how to address time, improve cash and get back the control needed to revolutionise your business.

Sign me up for the webinar