To be honest accountancy is pretty boring, annuals accounts, tax returns, doesn’t really get the blood flowing does it?
No, and it’s not supposed to. Accountants are there to protect a client, produce and file accurate accounts and tax returns on time, deal with HMRC.
But that should only be the starting point, many small businesses can’t afford a full time financial professional but would benefit from advice at regular points during the year, not just when accounts or tax returns need to be signed off.
I keep in touch with all my clients throughout the year and like to include at least two scheduled meetings to discuss business performance, along with calls for a coffee and a chat. There is no extra fee charged for this.
The benefits for the client can be obvious, for example a client who complained about the high cost of rent for his business premises – a commercial unit 20 miles from home. I was able to put him in touch with a landlord with a suitable unit in his home town with half priced rent for 2 years. This resulted from a general business conversation over a cup of coffee.
Most business owners derive more benefit from this type of face to face contact, more than knowing their accounts are filed on time (which is taken for granted).
This also happens to be the side of business I really enjoy and also shows I’m more than just a bean counter.