Historically, company formation was completed by an accountant, now most people wanting to start their own company choose to complete the company formation process online, which is a much quicker and cheaper process. However, the tax and financial implications of forming your own company are vast and therefore most businesses, from sole traders to limited company owners, choose to employ and accountant. But how do you find the right one for your business?
One of the best ways to find an accountant is through the recommendation of business contacts and associates. Also, enquire at local business networking events for accountants that are based locally.
It is important that you find an accountant that is right for your business needs. While most companies have an accountant, the role they play in each business is individual. Before meeting with your prospective accountant for the first time, it is important that you have a clear understanding of what you want them to do and what you feel can be handled in house.
An accountant can play a pivotal role in the future growth of your company, so it is important you find the right one.