If you’re a small business owner, freelancer or sole trader in the UK, you’ll know just how much work goes into running your company. And if it’s your first time in business, you might not have a good idea of all the things that need to be done. That’s where accountants for small business, (like Clayton Stirling!) can help – they make sure you’re keeping track of what’s coming into your bank account and going out of it each month. An accountant will also help with VAT returns and tax returns so there are no surprises at the end of the year!
Accountants for Small business
If you’re a small business owner, you probably don’t have time to worry about keeping track of your finances or doing your accounts – that’s where we can help! At Clayton Stirling & Co we offer accounting services for small businesses in Kent and the UK at affordable prices. Our accounting services are designed to be simple, clear and easily understood. We are Accountants for Small Business in Kent.
What is accounting software?
There are various types of Accounting software that can improve finances for a small business. It helps you keep track of your business finances. It can be used by any size of business, from a small sole trader to a large international corporation. The main benefits of accounting software include:
- Helping you make better decisions about the running of your business
- Improving the efficiency and effectiveness of your operations
- Boosting cash flow
Reducing your costs by helping you eliminate paperwork and streamlining processes Improving your financial reporting capabilities, making it easier for you to meet your tax obligations Accounting software can be used as either an online or desktop application. The most popular accounting software programs include Sage, QuickBooks Online and Xero.
More bookkeeping options
Bookkeeping is a critical part of running a small business. It’s the process of recording and organizing financial transactions so that you can use those records to make decisions about your business. Records allow you to see where the money comes in and goes out, how much cash you have on hand at any given time, and whether you’re earning enough profit to keep the doors open. In fact, if your bookkeeping system isn’t working well or hasn’t been updated recently (or even ever), it could be costing your business money. Here at Clayton Stirling & Co we offer bookkeeping to our customers, get in touch if you are looking for some advice.
Businesses generally need one of two types of bookkeeping systems: manual or computerized. Manual bookkeeping involves keeping track of transactions by hand in ledgers—that is, journals—and recording them in journals or journal entries throughout the year as they happen instead of all at once at year’s end like in computerized systems do (more on this later). Computerized accounting refers more specifically to using software designed for businesses called accounting software programs like QuickBooks Online which allows accountants who specialize in small businesses such as ours here at Clayton Stirling to help clients manage their finances with less effort than if they used a manual system because we do all the work for them!
Why does online bookkeeping work?
Online bookkeeping is a cost-effective way to manage your accounts.
- It’s more secure than traditional methods because it uses a cloud-based system that keeps all your sensitive financial information in one place. This means you don’t have to worry about misplacing or losing any important documents, like invoices, receipts and contracts.
- Online bookkeeping allows you to access your information from anywhere at any time—which means you can work on the go when it’s convenient for you, rather than having to visit an accountant’s office during business hours only or wait until they’re available via email or phone calls (and sometimes both). Plus, this also makes it easier for your accountant because s/he doesn’t have deal with complicated filing systems either!
How to find an accountant for a small business
- Look for someone who works with other small businesses.
- Find an accountant who understands your business.
- Ask your friends and family if they know anyone.
Clayton Stirling & Co is a small independent firm of accountants and tax advisers, founded in 1989. For over 25 years the firm has operated from premises on Echo Square in Gravesend, Kent. We offer a range of services to small businesses and individuals to assist with both compliance and advisory matters. We are highly qualified, affordable and reliable accountants that have been working with businesses big and small for years.
Qualifications for an accountant for small businesses, freelancers and sole traders in the UK
To become an accountant for small businesses, freelancers and sole traders in the UK you will need to meet certain basic qualifications. These are:
- Accredited by the Institute of Chartered Accountants in England and Wales (ICAEW)
- To be a member of a relevant body
- To be registered with the Financial Conduct Authority (FCA)
If you want to work as an accountant for small businesses, freelancers and sole traders in London, it’s also recommended that you have relevant experience.
Accountants for Small Business to help your business grow.
Accounting is a crucial part of running a business. And hiring an accountant can help your business grow.
An accountant can perform several duties for you, including:
- Helping with tax returns
- Bookkeeping and accounts
If you need accounting services for your small business in Kent or the UK, call Clayton Stirling & Co today!
If you’re looking for an accountant for small businesses, freelancers and sole traders in the UK, we hope this article has helped you find the right person. We know how confusing it can be to find the right person for your business when there are so many options out there. Clayton Stirling & Co are professional accountants for small business, who will work with your unique needs and budget while still providing exceptional service that will help grow your company.