• |   3883 Rogers Bridge Road NW Suite 501, Duluth, GA 30097
  • Ways Your Business Can Suffer Without an Accountant for Small Business in Atlanta, GA

    Do I Really Need an Accountant for Small Businesses in Atlanta, Georgia?

    accountant for small businesses in Atlanta, GeorgiaIf you’re mulling over the idea of hiring an accountant for small businesses in Atlanta, Georgia, you’ve probably spent plenty of time looking at the pros and cons of hiring one. But have you considered the consequences of not hiring an accountant for your business? The truth is your business could suffer without the support of a professional accountant. Take a look at what we mean:

    How Much Time Do You Spend on Your Books?

    Your job is to run your business. You spend your days managing your staff, catering to your clients, and keeping the ship afloat. Do you have time to do the bookkeeping and accounting too?

    Let’s say you think you can handle it. What will that do? It will take you away from the tasks that you’re the expert on, the things that are helping your business to thrive and grow. When your attention is divided, your focus on what you’re good at is limited, and your business could suffer.

    What If You Make a Serious Bookkeeping Error? 

    If you’re not a professional accountant then performing the tasks associated with that role is going to be a challenge. Sure, you could learn some accounting, enough to get by, but is that really good enough for the business you’ve invested your time and energy into? The risk of error is great. And there isn’t anyone to back you up and give you a second set of eyes to check your work. There are no checks and balances in place for the work you do.

    What If You Have Accounting Questions?

    When you hire an accountant, you generally hire the support of the individual as well as their accounting firm. There’s backup for your backup. Not only do you have a go-to person for all of your questions and issues, but you have a team of people who are there to help if you need it.

    Without an accountant in your corner, who can you call with questions? You could spend days going through YouTube how-to videos, but you still won’t know for sure if you’re getting the right information. Without an accountant in your corner, you’re going at it alone.

    Small Business Accountants Answer Questions

    One of the biggest benefits of having an accountant is their business and financial acumen. Their role isn’t just to handle your bookkeeping and taxes. They can be a vital member of your team that helps you make decisions for the future of your business and that can guide you when it’s time to implement new strategies and investments.

    Without objective advice you could be doing harm that you can’t reverse by putting your money in the wrong places and making decisions you might not be able to see from a high level that could be counter to your business goals.

    Small Business Taxes Can Be a Challenge

    If you can’t think of any other reason to hire an accountant, consider your business taxes. There is no way you can be a tax expert and be a subject matter expert for your business.

    Accountants have the knowledge that is invaluable to your business regarding tax law for small businesses. They can help make sure you’re in compliance as well as guide you to savings and deductions you might not be aware of. Without direction, you could end up in a heap of trouble come tax time.

    If you’re not an accountant, there are a million reasons why you should hire one, but even more importantly, there are some very good reasons why you should not go without one. When you’re tired of managing your business and trying to manage your accounting, you can trust the team of accountants for small business in Atlanta, Georgia.

    Learn more about how accountants for small businesses in Atlanta, Georgia can help your business, and request a free report on maximizing your use of QuickBooks while you’re here.