Talking Cents

Things a small business accountant can help you with

When you think of small business accountants, you may only think of them handling bookkeeping tasks. However, accountants do much more than you think. When you hire a small business accountant, you are getting much more than someone to handle your finances, but also someone to give you expert advice in your industry. Here at M.A.S Partners, the leading small business accountants in Zetland, we understand the impact we have on businesses, and the responsibilities we have in order to help business owners succeed. Before you start hiring, you should understand exactly what we can do for your business.

Launch startups

Starting a new business can be an exciting time for most business owners. It is a time where they can turn their ideas into reality. However, it takes much more than just a good idea. You need a business plan that shows exactly how your business will make money- otherwise you will have no revenue. Our small business accountants will help you test your idea, identify your startup and operating costs, and create credible revenue forecasts. Additionally, our connections allow you to find investors easier- which in times like these, will definitely be necessary if you wanted to grow.

Business strategy

As stated previously, a realistic business strategy is vital when starting a business. There are so many different moving parts in a business, and it is important that you get it all right in order to be successful in the long-term. Sometimes it can be difficult if you are not well-versed in the field. Our small business accountants can help you figure our what is important- sorting out your goals, financial well-being, specific accounting tools, KPIs and growth strategies. This can all be overwhelming if it is your first time managing a business- so do not be afraid of hiring some help.

Cash flow

It is not uncommon for businesses to fail because of poor cash flow management- which leads them to run out of money at the wrong time and cannot pay suppliers or staff. As such, cash flow is one of the first things you must manage as a business. Even an active business can have poor cash flow management and run out of money. Accountants will make sure you have a realistic budget, where even in the worst situations, you will still be covered.

Consider small business accountants at M.A.S Partners

Our small business accountants at M.A.S Partners have a driving passion for helping businesses grow and develop. Either through their advice or their taxation lodgements, we are here to help. Hiring a small business accountant when financing your business is a must due the risk. With our expert advice, we are able to give you all the facts, and keep risks to a minimum. For more information about our small business accounting services, click here.