How to choose the right bookkeeper and accountant for small businesses

Picking the right bookkeeper and accountant can make all the difference for your small business. We help keep your finances in order, offer useful insights, and free up your time to focus on growing your business. But how do you find the right one?

1. Identify your business needs

Before you start searching, be clear on what you need. Are you looking for basic bookkeeping, help with payroll, or more complex services like tax returns and cash flow management? Knowing what you need will help you find someone with the right skills and experience.

2. Check their qualifications and expertise

Make sure your bookkeeper or accountant is qualified and has the necessary experience. For bookkeepers, look for someone who is certified, which shows they have formal training. For accountants, choose one who is chartered or certified. This way, you know they can handle everything from day-to-day bookkeeping to preparing your year-end accounts.

3. Look for industry-specific knowledge

Different industries have different financial needs. Whether you run a retail shop, a tech company, or a café, finding someone who understands your industry is a big plus. They’ll be more familiar with the challenges you face and can offer solutions that work best for your business.

4. Ask about their app stack

In today’s digital world, your bookkeeper or accountant should be comfortable with accounting software. Ask them what’s in their app stack.  A tech-savvy bookkeeper or accountant can help streamline your processes, making it easier for you to track your finances.

5. Availability and communication

You’ll need your bookkeeper and accountant to be available when you have questions, especially during busy periods like tax season. Ask them how they communicate and how quickly they respond to queries. It’s best to choose someone who’s not only reliable but also explains things in a way that makes sense to you.

6. Clear and transparent pricing

Make sure you’re clear on how much their services will cost. Be sure to ask about what’s included so there are no surprises down the road. Transparent pricing allows you to budget properly and avoids any unexpected bills.

7. Read reviews and get referrals

Ask fellow business owners for recommendations and read online reviews. See what other clients have to say about their services, customer support, and reliability. This can give you peace of mind that you’re making the right choice.

8. Make sure they’re a good fit

Your bookkeeper and accountant will be closely involved in your business finances, so it’s important that you get along with them. It’s not just about skills, but also about building a partnership that works.

Conclusion

Choosing the right bookkeeper and accountant doesn’t have to be difficult. Take your time, ask the right questions, and don’t rush into a decision. The right fit can help your business grow smoothly and give you peace of mind.