If you run your own business you know just how expensive professional accounting charges can be. Financial statements are an essential element of a successfully run business, yet their cost can be high. Accounting firms have you at their mercy; accounting is complex yet essential to the wellbeing of your business. Today we’ll be explaining how simple it is to grow your business with a new online approach to accounting.
How Lower Accounting Costs Can Help You Grow Your Business
Accounting is a necessary evil for almost all small businesses. Consolidating old financial results and finding ways to lower your tax burden helps you grow your business by keeping more money available for investment and expansion. Accountants can offer more, but asking your accountant to visit more often, carry out more reviews of your bookkeeping or supply you with advice is prohibitively expensive for many small businesses. If you are simply using accountants to help submit statements to banks and get taxes filed on time, reducing the cost of doing this is the simplest way to help your business grow.
Don’t You Get What Your Pay For?
Financial statement preparation and corporate tax return preparation is expensive enough without asking accountants for extra services. Paradoxically, you may get just as much quality advice from a junior accountant as you would from one of their more expensive colleagues. A junior accountant might be well placed to answer many of your financial questions for a fraction of the cost of their senior counterpart. Try booking a discussion with a local firm and they might provide this discussion for free in the hope of drumming up business. In the same way, outsourcing the ‘grunt’ accounting work may be a fraction of the cost while being just as accurate and helpful as a standard accountant’s efforts.
A New 3-Step Solution Here at Al-Mulla CPAs, we’re reinventing online accounting from our offices in Ottawa. Outsourcing your accounting work doesn’t mean hassle or missed deadlines and the quality of work is guaranteed under our agreement. Our revolutionary process entails you uploading your QuickBooks or Simply Accounting backup files to us. We’ll generate your accounting documents and process your bookkeeping files before posting your documents in your secure folder on our server. From there, you can view, download and use your finished financial statements from anywhere at any time. This process is delivered through a ‘virtual assistant’ who is on hand to guide you through each step of the process.
An Affordable Solution For Small Businesses
For small businesses in need of basic accounting services, Al-Mulla CPAs has the expertise to help save you money and better plan your business expenses. Our virtual assistant service helps us keep our overheads low and pass these savings onto your through highly competitive accounting charges. We’ll happily supply testimonials from our satisfied customers who are happy to recommend our accounting services. Visit our website today and we’ll get back to you within one business day with a highly economical quote.
Zaid Al-Mulla, MAcc, CPA, CA
zaid.almulla@almullacas.com
