Maybe you landed on this page after searching for accounts advice in Cheltenham.
Perhaps you’ve set up a business and need someone to help with your finances.
Or maybe your current accountant isn’t quite right for you and you’re looking for someone new.
A good accountant is invaluable to your business, not only to try and save you money but also to explain any queries you might have and deal with any extra issues that could crop up with the day to day running of your business.
Like any other profession, it can be a minefield trying to find the best person for your needs.
Here are three essential questions to consider asking before hiring an accountant.
What experience do you have working with similar businesses to mine?
If you’re a small business then it makes perfect sense to have an accountant who mostly works with small businesses; as you’ll be more likely to get the personalised service you deserve.
Likewise, someone familiar with your particular industry is a great benefit too; you know they’re going to have good knowledge about any laws or limitations that apply to your trade.
Feeling confident that your finances are in good hands allows you to put your time and energy into building your business. Our goal at Safehands is to keep finances simple to allow you to focus on the development of your business. Read more about that on our ‘What we do‘ page.
How much do you charge?
It sounds obvious but so many of us are reluctant to talk money, even when we’re running a business!
Don’t be afraid to ask whether you’ll be charged a flat fee for a particular task, or an hourly rate; also how and when you’ll pay. It’s easier for you to manage your payments if you know whether you’ll get a yearly bill or whether this will be broken down to pay a monthly amount.
All of this may depend on whether you’re looking for an accountant to help with your tax return in at the end of the year, or provide book keeping or other services throughout the year.
We pride ourselves on making our charges transparent and simple to fit into your budget.
What is your availability?
Accountants are understandably much busier around filing deadline time, so their availability may be limited around that period.
Chatting with your preferred accountant about their schedule can help you structure your own time and potential queries more efficiently.
Instead of dropping into the office to try and catch them on the off chance, you may find they have dedicated ‘office-hours’ for this kind of thing, which can save you a lot of stress and worry.
There will of course always be more questions and these will vary from person to person. Hopefully, by asking the three we’ve outlined here as a starting point, you’ll feel more confident about choosing your accountant and starting to build a relationship.