Have you been feeling overwhelmed as a business owner? Trying to accomplish an infinite number of tasks in a seemingly impossible amount of time? To make things a little easier on yourself and your business, you should consider hiring an accountant to help you out and keep you on track, no matter what stage of business you’re in. In this article we’re going to go over a few reasons why hiring an accountant could be helpful for you.
When you become a small business owner, you end up becoming a jack-of-all trades. Not only are you now providing a service or product to your clients, but you’re also a sales person, IT professional, repairman and bookkeeper. Accountants do more than just file your tax returns, they also provide valuable tax planning and insight into your business. At Sync Accounting, we even go the extra step to incorporate bookkeeping into our practice so that we can be your one-stop shop, providing full-cycle accounting so that you don’t have to worry about anything!
Focus on what you love, and play to your strengths
You started your business for a reason, right? To do what you love! We did the same. We started Sync Accounting because we love bookkeeping and accounting. Hiring a full-cycle accountant means that you get help staying on top of your day-to-day bookkeeping as well help remaining up-to-date on your business activities. All of this combined allows accountants, such as ourselves, gain a good sense of where you are now and plan appropriately to help you get to where you want to be in the future. Hiring an accountant helps you prioritize where you are spending your time and can help you make that next sale instead of worrying about the numbers!
Reduce stress and get your time back
Taxes cause people unneeded stress. We hear this all the time from our clients, and they always mention that numbers just aren’t their thing. As a business owner there always seems to be an infinite list of tasks that need to be completed and work that needs to be done. When you spend time trying to figure out your taxes and deal with the numbers, it takes away that time that you could be spending on other tasks. Our services help with that! Let us help you get your time back and put your mind at ease.
Get started on the right foot
Consulting with an accountant before starting your business can be extremely valuable. It is important to discuss first whether incorporation is right for you at this time. Incorporation can be an expensive option, and it may not be the right fit for you. Perhaps a sole proprietorship is a better option for your business. It can be hard to make the right decision, consulting an accountant can help save you time and money in this situation. If incorporation is the right fit for you, it will also be important to consider fundamental items such as your share structure. In collaboration with your lawyer, your corporation can be set up properly for the future. Accountants help make this process as easy for you as possible while helping you make the right decision for your business.
At Sync Accounting it is our priority to ensure that we remain up-to-date on all the latest tax rules, and we use this knowledge to help our clients get the most deductions possible! You can have peace of mind knowing that we are looking out for you and your business while also taking tax planning into account for your future.
Take Away Point
Working with an accountant is an investment, but the payoff is definitely worth it when it comes to allowing you to get the most out of your time. So instead of stressing over the numbers and spending hours doing your taxes, consider hiring an account.