When somebody asks you what you would like for Christmas, you instantly start thinking of all the extravagant luxuries that you would like in life but can never justify coughing up the cash for yourself. While expensive cosmetics and hi-tech realness might be top on your list of desirable commodities, it might more beneficial to pick something with more longevity like an accountant for example. Forget a brand new pair of leather brogues and the latest iPad, freelancer, here’s why you need to be asking Santa to hook you up with a great online accountant for the year ahead.
It’s a load off your mind
Hustling in a freelance world can be challenging at the best of times, especially now the freelance and self-employment marketplace is becoming increasingly saturated. This means all your time and energy needs to be focused on winning clients, spreading the word about your brand and building your connections. With all of this going on, dealing with your accounts and managing your finances can feel like the last thing in the world you want to tackle but unfortunately buddy, it’s a necessary evil.
Without shipshape accounting and strong bookkeeping, you run the risk of missing important deadlines and making detrimental money-based decisions. However if you pass the baton onto a good quality accountant, you can be safe in the knowledge that you’re doing everything you should be, exactly when it needs doing. What’s even better about an online accountancy service such as ourselves is that you don’t even need to leave the comfort of your own home study to get everything in full working order. We can work with you over the phone, via email or even video call so it really is a weight off your mind.
Access to valuable expertise
As well as cutting you some much-needed slack, enlisting the help of an online accountant can grant you access to some of the most valuable insider info and industry knowledge that you need to succeed. Can you honestly say that in between client meetings, networking events and actually doing the work you get paid for you always make time to acquaint yourself with the latest legalities and crucial policy updates? Nope, didn’t think so but this is where your trusty qualified sidekick can swoop in to save the day (and your precious freelance career).
Our team of online accountants are hand-picked for their exceptional mathematical genius, their unrivalled analytical skills and their outstanding ability to help you get the most bang for your buck. Freelance professionals are often in their line of work because they possess a very niche and special talent that they share with their clients but most of the time, this doesn’t involve dealing with numbers and tackling legal bodies. Outsourcing to an accountant will provide you with the key to invaluable know-how and insight.
Somebody on your side
Not only will an online accountant be able to impart their pearls of professional wisdom onto you whenever you need them, they will also be there to represent you in the event of any nasty disputes. Freelancers tend to spend lots of time burrowed away in their studies or tucked into the quietest corner of their favourite local cafe, headphones engaged and work mode activated. The nature of the industry means you aren’t necessarily spending much time communicating with colleagues or clients face-to-face so communicating skills can suffer ever so slightly. This is something you can work on it your own time but should you be required to face the dreaded HMRC, you’re going to have to fix up pretty sharpish.
Having your own dedicated accountant at your beck and call means you will have somebody who knows what they’re talking about to represent you in front of the scary big-wigs. They will have the knowledge, the lingo and the right experience to help you remedy any sticky situations and hopefully help you dodge any harsh penalties that can be pretty crippling for any self-employed professional. No longer will you have to stare blankly at the HMRC-headed letters coming through your door or push them under the bread bin hoping a mouse might mistake them for a rogue piece of tiger loaf one day soon.
Save yourself some cash
Last but by no means least, hiring an online accountant means you can save yourself a serious amount of reddies. Many people are under the misapprehension that small businesses, sole traders and freelancers don’t need an accountant and that financial support is something that only large corporations with staggering budgets can afford. However this is far from the truth and when chosen correctly, a great accountant can help you cut costs and save cash in the long run. Okay so it might be an added expense at first but with our low-cost, monthly fees, you’ll barely even notice it and you’ll be thanking us in 6 months time when you see the numbers rolling in.