Accounting Services That Help Your Business Grow
Are the demands of juggling too many responsibilities at your new business at once too much, leaving you unsure as to whether or not you can handle the marketing, sales, and accounting side of running your business?
Every successful business owner recognises that proper accounting is a vital piece of a successful business model because, without proper accounting, you risk squandering money and falling into serious cash flow problems you didn’t even know you had. As such, please consider the two points below, especially if you are still on the fence as to whether you should go at it alone or outsource to a professional company.
- Outsourcing Saves Time and Money
On average, business owners can spend up to 20% of their week managing their accounting alone. But when you outsource to a part-time professional, you free up many valuable hours that you could invest in sales and marketing. Moreover, when you outsource, you only pay for the hours worked, reducing your operating costs.
Professional accountants will help you grow your money. They do so by analysing the money coming in and money going out, evaluating profit and loss, as well as advising you on what services or products to continue, decrease or discontinue. No other service has such potential to pay off than accounting services, making them real financial problem solvers!
- Avoid Costly Penalties with Tax and SARS Compliance
As an essential element for the success of any business, your accounting must be accurate. Staying current with tax legislation changes and acting quickly and efficiently with compliance guidance to their client’s specific financial requirements, accountants assist with the completion of tax returns, VAT, UIF and PAYE. With their assistance, you can rest assured that are ready and compliant when SARS knocks on your door.
When you outsource accounting services, you bring business acumen to the table, which can add value to your bottom line. Placing your business finances into the hands of a highly skilled accountant, even for only a few hours a week, can arm you in making all your financial decisions with strategy and perspective. Your business will grow and your job as a business owner will become less stressful and more productive.
If you are a business looking for professional accounting services, then CHA Group can help. Our accounting services can provide your business with the accounting guidance and support necessary while giving you more time to focus on the growth of your business. Make the smart choice for your business and chat with one of our accountants today.