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Kathryn Vincent

5 ways your bookkeeper can support you in your business growth



Are you at the point where you really want to start growing your business? You know what you want the end result to look like but do you know how to get there? If you don’t have a bookkeeper it may be advisable to make that your first move.


Here’s why…


Processes


At Long White Cloud Accounting we would review your current processes and support you to implement new ones in order to streamline your bookkeeping process. We use cloud accounting for all of our clients. This ensures you have real time access to your financial position, allowing you to make important business decisions based on accurate information.


Excess Costs


When you come on board with us we will go through your transactions. We will make sure that you are only paying out for things you actually need and help you to cut back on costs. We have contacts within the industry which may allow you to save money as every penny counts in business. In order to grow you want your cash flow to be nice and healthy.


Funding


We may be able to get access to funding for you which you may not have been aware of such as government grants and schemes. A cash injection into your business will open up further opportunities in order for your business to soar.


Cash Flow Forecasting


We produce reports based on your financial data. As a business owner you may not be aware of these reports, or even understand them. We will create these reports and talk you through them step by step so that you know what your current financial position is and where you’re heading. With this information we can help you to set realistic goals and put steps in place for your business growth.


Tax and Expenses


Without a professional holding your hand, you may be claiming for things which aren’t allowable expenses which could cause problems for you in the future. We will make sure everything you claim for is legitimate so you don’t get hit with penalty fees. There may also be expenses which you are missing out on as you may not realise that they are tax deductible. That’s where we come in, we can make sure you are claiming for everything which you are eligible to claim for against your tax. No one likes giving money to the taxman after all!


In order to grow your business it will take a lot of hard work and dedication. It isn’t just as simple as hiring a bookkeeper, although this will stand you in good stead. It won’t be an overnight process but once you make the move to outsource your bookkeeping, over the coming months you will see a big improvement on the direction your business is heading. It’s amazing what a bit of support can do!


If you’re a VAT registered Limited company looking to grow your business. Take the next step and book a discovery call today.




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