Save Time and Money with the Reputable Accounting Services at CHA Group

If you have just started a new business, congratulations! You probably have a lot on your plate, such as marketing, meeting sales targets, overseeing employees, paying salaries, and maintaining your finances and books.

A lot of start-ups fail within the first few years, and if you are a start-up without proper accounting in place, you risk falling into serious cash-flow problems. Therefore, you need to partner with a reputable accountant.

A Good Accountant Can Be Your Partner for Life

Just because you own a business, it does not mean that you are an expert on balance sheets. In fact, every successful business owner recognises that either outsourcing accounting services or hiring a full-time accountant is vital for business success. Helping businesses solve financial problems with accuracy and reliability, accounting is a time-consuming process.

They record every business transaction, maintain records and processes, analyse profit and loss statements, deal with tax preparation and filing, reconcile credit cards and bank statements, and keep an eye on money coming in and money going out. In short: the job of an accountant is to help grow your money. No other business relationship will pay off more than one with an accountant. But right now, with diminishing profits in an economy that is slowly shrinking, many are questioning whether to hire a full-time accountant or outsource?

 

To Outsource or Not to Outsource

As an important part of every business puzzle, you need an accountant on your side, so you can run your business and focus on sales and profitability. But you need reputable accounting services that you can afford. That said, full-time accountant salaries are high, but nowadays, it is not necessary to hire someone permanently.

Ever thought about how much money and time you could save by outsourcing accounting services? When you outsource, you only pay when you avail their services, which could be once a week, twice a week, or even every second morning. By outsourcing accounting services, you will save money on what you would have spent on a monthly salary of a full-time accountant.

In addition to saving time and money, accounting services can assist you with your tax, so when SARS comes knocking on your door, UIF, payroll, corporate income, sales, loan, PAYE, provisional, capital gains, and value added tax will be compliant and prepared for submissions.

There is no doubt that outsourcing a reputable accountant will help grow your money. By placing your business finances into the hands of a reputable firm, such as CHA Group, you minimise your risk for failure, and you save money. Contact us and let us help you become financially organised and compliant.