The Financial Management Centre explains the value of a good accountant

The franchise recently posted a blog on its website detailing the key reasons why an accountant is so necessary in 2022, and in an increasingly digital world.

The Financial Management Centre is hugely experienced in all things accounting and finance and understands that small businesses are often looking for ways to save money and streamline their operations. However, the bookkeeping and accounting franchise argued in this blog that a small business’s failure to utilise an accountant was a huge mistake in terms of money saved long-term. As well as providing support with bookkeeping services and VAT, accounting, management accounts and reporting, payroll/CIS, business plans, budgeting and projections, year-end account and tax returns, credit control and auto-enrolment services, accountants:

• Can support you with Making Tax Digital - “With changes on the horizon, businesses are likely to rely more heavily upon accountants regarding tax rights. In April 2024 – after next year’s legislation goes into effect, any unincorporated business or landlord with a total income over £10k will have to arrange for digital accounting software for bookkeeping.”

• Save you a lot of time - “When you’re running your own company, it’s hard to keep up with everything. You might feel like the weight is too much for one person and that there are so many things left unaddressed in life – but an accountant can help! An accounting professional will take care of bookkeeping (which means less time spent doing paperwork), filing taxes efficiently on behalf of your business, and advising about how best to use every penny you make from sales.”

If you’re fascinated by this accounting franchise’s expertise and you’d like to join the network, you can become a franchisee with The Financial Management Centre via a minimum initial investment of £19,500. Find out more about starting your franchising journey with The Financial Management Centre via the company’s profile page, which you’ll discover linked above.