Accountants are integral to the success of any small business. If you run your own company, or even just have investments, there may come a time when you need an accountant’s help. Unfortunately, insurance companies and banks typically use accountants as well, so it can be hard for you to find someone who is willing to work with clients like you. The good news is that there are some ways that you can go about finding an accountant who will help you.
1. Ask around
The first place that many people look for accounting help is their local bank manager. Many bank managers hire their own accountants in-house for use by their customers; these employees might provide services like tax planning, assistance and financial statements. But bank accountants usually only work with local residents and businesses, so if you’re looking for someone who can help you with your investments or insurance needs, this might not be the right place to start.
2. Hire a personal financial planner
There are many professionals out there who offer services that fall somewhere between simple accounting and actual investment advising. These “financial planners” may be able to help answer some of your questions about how to handle your finances and insurance, but they will typically not be able to provide tax planning or address any other complicated issue that you may have.
3. Find an accountant who specializes in small business/investments
If you don’t want to hire an accountant inside of a bank but would still like some help with your finances, your best bet might be to hire an accountant who does both accounting and investment advising. These types of accountants are usually much more knowledgeable about the ins-and-outs of managing a business or investing than any personal financial planner typically is. If you hope to manage your investments in retirement, these accountants can also help maximize your returns while minimizing your tax burden.
4. Use local services
If you don’t need an accountant immediately but would like one eventually, there are some other options that you may want to consider rather than paying for monthly service through one firm. Many cities provide low-cost or even free seminars on basic finance topics like “What every small business owner should know about taxes” which may be helpful to you. Another option is to hire a “certified public accountant” for a one-time consultation on your finances. This will likely cost more than the seminars, but it may be a more efficient way of learning what you need to know without taking multiple days out of your schedule.
5. Ask family and friends
If you have a trusted friend or family member who has recently had some accounting work done, they may also be able to recommend someone in the area that they liked working with. While this method probably won’t turn up any financial gurus, you can at least get advice from someone with whom you already share some rapport and common interests. Why You Need Accountants?
Which are the best accountants in Harrow?
It’s a common question that many people ask nowadays. We all work hard for our money and we would like to know that our hard earned cash is going in the right direction, instead of being spent frivolously by an unqualified accountant.
Focus Somar are long established reputed accountancy and audit practice of chartered certified accountants and tax advisers in Harrow. They provide accounting, auditing and tax services for both companies and individuals. They have a whole range of Accountants in Harrow who are ready to help you with all your financial needs
They offer range of services such as: tax returns, VAT registration, payroll accounting and self-assessment returns.
In addition they have a separate division that deals with bookkeeping service. It is a systematized record keeping process that records details of both financial and non-financial transactions made by a business. They can handle all aspects of your bookkeeping for you to give you more time to concentrate on your core business activities.
If you are looking for good accountant in Harrow, Focus Somar is the place to go.
Visit their website www.focusandsomaraccountants.com/
or call them today on 020 3802 7810