When you run a business it's of the utmost importance that you keep your accounts in check. The slightest misdemeanour could mean a hefty fine from HMRC. Finding the right accountant can be tricky. It needs to be somebody you can trust and somebody with lots of experience in a wide range of financial accounting and tax accounting services.
If you are particularly looking for an accountant in Glasgow there are many to choose from, but it's important to do your homework first. Speak to friends who have used the services of an accountant in the recent past and gauge their opinion. Word of mouth is one of the best ways of finding a good accountant.
Another way to find a good accountant is to cold call a few from your local business directory or online. Interview each over the phone. Ask them how many clients they have, what their fee structure is right now and the experience they have in dealing with business accounts. A good company will be able to offer you a wide range of services for an affordable price. Don't always be swayed on price however. A cheap accountant doesn't always stack up when it comes to analysing and preparing your accounts.
Asking other professionals is another good tactic. Speak to your bank manager, business associates and solicitors to see if they can recommend somebody. You could also call round similar businesses to yourself to see if they can recommend anybody. A professional is unlikely to recommend somebody that is not good.
Social media platforms could also help your search for a good accountant in Glasgow. You could also put a remark on your status to say you are looking for a good accountant and see if you get any feedback from the social media communities.
Running a Google search for 'accountant Glasgow' is another way to find the right professional. Those who are listed on the first page are usually a safe bet, but you should also call round and see if they can answer your interview questions.
Once you have a shortlist of accountants you can start to break down the list to find the companies that are best suited to your needs. If you work in a particular niche or industry you might need the services of an accountant with specialist knowledge of this area for example.
Think about how much you can realistically afford to pay your accountant too. Can you afford their fee structure bearing in mind you will need to call on their services at different points during the year for tax account and financial account services.
Once you have found a good accountant in Glasgow keep hold of them and use their services to the full. Who knows, they might help you to find revenue streams and savings that you haven't yet thought of.