Friday 15 May 2015

3 Reasons Why You DON'T Need To Hire An Accountant

If you own a small business and someone asks you to prepare your own accounts and financial statements, what thoughts would go through your mind?

"I don't think accounting is for me, it's too complicated and I don't understand it!"

"I don't want to get involved in all those messy numbers and figures!"

"I don't want to learn all those Debits and Credits, what a waste of time!"

"I don't have time for this!"

So what do you do? You go out and hire an accountant to prepare your accounts for you. The accountant then charges you a fee, which is an extra cost to your business.

But wait! Is there another way?

Well, YES!

You actually DON'T need to hire an accountant and here's 3 reasons why: -

1. Your business is small and simple

If you own a small and simple business, then there's a strong chance that you don't need to hire an accountant because you can easily prepare your accounts and financial statements on your own. Small businesses tend to have a limited number of transactions per month which can be easily recorded and self-managed. You can literally DIY it!

2. Be in control of your own business finances

Preparing your own accounts and financial statements will give you a great overview of your business and allows you to be in control of your business finances. You will know the financial impact of every transaction and be able to make the right business decisions. Why give all that information to someone else, like say, an accountant, when you can DIY it?

3. Save money

Accountants may charge a substantial fee just to prepare a simple set of accounts and financial statements for your business. This cost may not justified as you could save that money and reinvest it to grow your business. If your business is small and simple, then preparing accounts shouldn't cost you a fortune. DIY it and watch the savings come through!

"Great! I don't need an accountant to prepare my accounts! I will DIY it! But where do I start?"

Everyone knows that to build a piece of furniture, you'll need the right tools (hammer, nails, screwdriver etc). Likewise, to prepare your accounts and financial statements, you'll need the right tools!

"The DIY Accounting Template" is designed to assist owners of small and simple businesses (for example, buying and selling trendy clothes on the Internet, selling tasty hot dogs at a food stand, selling unique paintings at a flea market, baking and selling custom-made cakes etc) in preparing their accounts and financial statements.

You may purchase this spreadsheet for only a fraction of the cost of hiring an actual accountant.

The Template will allow you to: -

1. Prepare and record a monthly transaction list - No worrying about double entries or DEBITS and CREDITS, it's all done automatically!

2. Keep track and manage your stock balances - How much stock do I have left?

3. Keep track and manage your customer balances - Who owes me money?

4. Keep track and manage your supplier balances - Who do I owe money to?

5. Get an overview of your sales by customer - Who are my top 5 largest customers by sales value?

6. Get an overview of my business expenses - Where did I spend most of my expenses on?

7. Generate your year end financial statements - The Balance Sheet and Profit & Loss Statement, all done automatically!

You will also receive online support via email from a qualified accountant, who will guide and assist you if you have any questions.

Be in control of your accounts and most importantly, save money!

Buy it now at 
https://sellfy.com/p/MbsS/

Or click here! Buy now

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