Having a good relationship with your accountant or accountancy firm is essential for any business to be successful.
As your business expands, the accountancy firm you used to work with may not offer the same range of services your business currently needs. That said, they may not be giving you the best advice or service for your current situation.
In such a case, that is already a sign that you may need to explore further options. However, there are still other indicators out there to look out for, below are just a few more examples of this.
1. They Are Hard to Reach
One of the first signs that you may need a new accountant is that you find it very hard to get hold of your current one.
This could be down to your accountant being so busy that they simply cannot take the time to help you. However, it could also be down to them simply not caring about you or your business!
It is, of course, very important that you can get hold of your accountant when you need to as you will always need them for your tax returns and the like.
This will be even more important if you are running an online business. Given that you are operating online, your accountant should make it very easy for you to get hold of them.
2. They Are Not Proactive at All
Another sign that you may need a new accountant is that they never take any action.
This is sadly common with a lot of accountants out there. Because they simply do not take enough action to help you grow your business.
All they seem to do is simply respond to your actions and requests. In fact, they never even seem to make any suggestions or ask you any questions. Which is not what you would expect from an accountant.
You want your accountant to come up with ideas and suggestions for your business. And help you get there as soon and as cheaply as possible.
3. They Do Not Take the Time to Explain All the Technical Jargon of the Job
Another sign that you may need a new accountant is that they are not explaining the technical terms to you whenever you need to ask.
In fact, they do not seem to bother explaining anything at all to you. They just direct you to the relevant book or form and expect you to know how to fill them in.
This is the last thing you want from your accountant!
You want them to be there for you to provide you with advice, help and support, especially when it comes to your tax returns, which can be daunting for many business owners.
4. They Only Excel in One Aspect of Accountancy
As your business grows and you look to move into new areas of your business, you will need your accountant to help you.
However, if your accountant is only really good at bookkeeping, this may not be of much use to you.
Conclusion
Getting a good accountant is essential for any business owner. However, this does not mean that you will have to work with the same accountant for years. Your needs will change as your business grows and as your business changes.
This is why you need to make sure that you are always exploring new options for accountancy services.
If you are looking for very reliable accountants in London, look no further than our experts here at Accountants247 Golders Green. We get to really know your business; this way, we can help you evaluate the financial performance of your venture. Call us today and let us tend to the financial aspects of your business in no time!
