Are you a small business that’s expertise is watered down by also managing the Accounting function? Your business isn’t big enough to justify hiring an accountant, but you’d like some low-cost help.
Accounting.com says that:
1) Accounting is vital for every business. Savvy record-keeping is critical for monitoring business expenses and discovering new avenues of growth. In addition, maintaining accurate records ensures that business owners remain responsible for tax obligations to the government and their employees.
2) As you review your accounting strategy, consider your company’s financial goals. Whether a solo entrepreneur or employs staff, your business’s success hinges on clearly stated financial objectives.
3) Experts agree that small businesses commonly fail when cash flow runs dry. Your business should implement efficient record-keeping policies and a sound financial strategy to avoid this situation.
Chris Moore is a Chartered Management Accountant; Chris spent 30 years in Financial Director roles, including a U.K. subsidiary of Boeing Aircraft. On his retirement, he became the treasurer of both Welwyn & District Bowls Club and Enabled Archaeology Foundation.
Contact me if you need any advice:
Email: cm@ChrisMoore.uk
Telephone: 07789 008002
6 Thumbswood, Welwyn Garden City, Herts. AL7 4QE, U.K.