What Type of Accountant do you need for Your Small Business?

Starting a small business can be hard, especially if you are a first-time business owner. As you are getting started, it is essential that you consider the professional services that can make the process easier. Since you don’t have experience with finances or accounting, you will see that there are many benefits to hiring a professional accountant to help.

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Accounting Experience Matters

Instead of hiring the first accountant that comes your way, take a moment to consider the types of services that you will need. Identifying the services for your company will make it easier for you to find an accountant with the right skill set to match.

For example, a new graduate without experience working for an accounting firm might not be the best choice if you want to be aggressive with your tax strategies. Instead, it is better to hire someone who has been in the industry for a while, so that they can use their experience to help you get the best outcome for your company.

Another reason that experience matters is that of the small nuances in tax law. An accountant with experience in the small business industry will have more related knowledge than an accountant who previously worked for a large corporation. Experience matters, so it is best to find someone who knows how to help in the right way.

Bookkeeper vs. Accountant

Do you need an accountant, or would bookkeeping services be enough? It is common for a small business owner to hire a bookkeeper, only to find that they were in need of full accounting services. There are many advantages to hiring an outsourcing company that can handle both the bookkeeping and the accounting services, such as tax preparation and filing.

By keeping these services with the same outsourcer, there will be more consistency for the year. The bookkeeping maintenance during the year can help you be better prepared for tax time. You will see that there are fewer surprises with your tax filing when you have someone who is helping throughout the year.

Here at Easier Accounting, we can help with all of the financial needs of your company. We know how to help you maximize cash flow and prepare for the future, and we invite you to contact us right away. Together, we will find the best plan to provide the services that will be best for your company. Call us today for more information: (888) 620-0770

Productivity Hacks for Small Business Owners

Productivity matters, especially when you are running a small business. Many business owners find that they are torn between different responsibilities, and they have a hard time keeping up with all of the tasks that need to be completed. Here are a few tips to help you improve your productivity throughout the week:

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Hire a Bookkeeper

There is no sense in spending your time on tasks such as bookkeeping and invoicing. These things can be outsourced to an online bookkeeping company, which will free up your time so that you can focus on other important things instead. In fact, it is actually more cost-effective to outsource your financial management to a professional bookkeeping service instead of handling it in-house. It can be expensive to maintain the salary and benefits for an employee, so talk with a bookkeeper instead of hiring an employee to help.

Manage Your Communication

Do you find that you are constantly interrupted throughout the day? It can be hard to get anything done if you have text messages, phone calls, and emails coming through all day long. Instead of responding to each of these messages as they come in, you might consider managing your communication so that you can have some productive time. For example, it is beneficial to put your phone on “airplane mode” so that you can’t be reached for an hour. During that time, see how much you can get accomplished when you aren’t being interrupted every few minutes.

Schedule Meetings in Advance

Instead of constantly rushing from one meeting to the next, look for ways that you can improve your meeting schedule to stay efficient with your time. As an example, it is important that you meet with your small business bookkeeper on a consistent basis to keep up with the financial details. You might choose to schedule a standing meeting once a month, and ask the bookkeeper to send the financial reports in advance so that you can read through the numbers at your convenience.

At Easier Accounting, we know that you have a lot of responsibilities when you are running a small business. We want to help by offering our bookkeeping and accounting services, which are beneficial to decrease your workload. For more information about the ways that bookkeeping can reduce your stress and improve the results of your company, we invite you to contact our team any time. We are here to answer your questions and help with anything that you need: (888) 620-0770