When you’re looking for start-up accountancy services, it pays to be selective. You want someone with experience and expertise in the type of business you’re planning to start. Here are some questions that can help you evaluate an accountancy firm. Continue reading to find out more.
Ask the right questions
When you’re looking for a start-up accountancy services firm just like TaxBite Accountants, there are many questions to ask. Here are some of the most important ones:
- What is their approach to tax?
- How do they handle VAT?
- What are their fees and charges?
- How do they handle accounting problems such as bookkeeping and payroll administration?
- Do they have experience in the industry?
- Can you trust them with your business finances (money)?
Use their website to compare them to other firms
Use their website to compare them to other firms. The best way to do this is by checking out the following:
Their social media pages
This can give you an idea of how they interact with clients and what type of content they post on their page (i.e., images and videos). It’s also important that you see if there are any complaints or negative comments about them on these sites – if so, this may be an indicator that there could be problems down the road with your business relationship with them!
(A note: many accounting firms don’t want their clients talking negatively about any other company.)
Ask your accountant if they can help with any taxes
Taxes can be a big expense for start-ups, so it’s important that you find an accountant who understands the unique challenges posed by a new business venture. Make sure that they have experience with start-ups and know how best to deal with the tax requirements of businesses in this type of industry.
See if they have expertise in the type of business you plan to start
The first thing to look for in accountants is expertise in the type of business you plan to start. If your company is going to be providing financial advice or other services, it’s important that your accountant knows how those businesses work. You should ask them if they have experience with the kind of clientele you want and what kind of expertise they offer in that area.
You can also ask whether or not the accountant has any relevant certifications, such as CPA (Certified Professional Accountant). Certifications like these indicate that an individual has met certain academic standards and passed exams on topics such as accounting principles and auditing techniques. This helps them understand how companies operate at a deeper level than most people do without formal training.
We hope that the aforementioned tips will help you decide which accountant is the right one for your start-up. The key to finding a good accountant is ensuring they know what type of business you want to run and can answer questions about taxes and other financial matters. Good luck with your search.