What do accountants do?

Description

In this weeks episode of “I hate numbers” my topic is ‘What do accountants do’?

Five headline things that accountants do, spoiler alert, money features amongst that.

Making money

Making money is a big business goal, if you want to move from hobby business to something more. When we talk money, we mean cash in the bank and making profit.

You need a strong and vibrant number story if you want your business to prosper and to continue.

Saving money

A good accountant saves you money. You see where the money goes, choose the right business structure and deal with VAT.

Business growth

Thirdly, accountants help you grow your business. If you don't grow then your business is going backwards.

A good accountant helps you make good business decisions. You will make objective choices that are good for your business.

Taxes

You can’t escape death or taxes. A good accountant helps you reduce your tax bill, and can navigate the tax rules and regulations.

Work life balance

Your accountant can help you achieve a good work life balance. And if you're not spending time doing whatever you don't like or are particularly good at, and all of us have got those things that we're not good at, you can balance your time better.