Whether you’re a construction business or part of the hospitality industry, LJS can assist with your financial matters. In addition to bookkeeping duties and professional advice, accountancy firms also provide tax planning and payroll services.
Every business in Liverpool should work alongside an accountancy firm to benefit their company and financial status. If you’re a business owner or sole contractor of a limited company in Liverpool with little time to manage your business, you should consider assistance from an accountancy firm.
Read on to find out more information about the benefits of hiring an accountancy firm if you’re a business in or around Liverpool.
Accountancy Firms: Why are They Beneficial for Businesses?
The goal for every business is to grow and expand, but when this starts to happen, will you still have time to take on strenuous time-consuming financial tasks?
Most accountancy firms have years of experience – especially here at LJS. Having your accounts and other financial matters dealt with by professionals allows you to focus on other important parts of the business, such as future goals and brand awareness.
Let’s go through some of the reasons why your Liverpool-based business needs an accountancy firm.
Time-Saving
The main reason businesses across Liverpool need an accountancy firm is so they can have their time back and spend it doing important things. Every business owner knows how hard it is to build an empire whilst managing staff and taking care of finance-related issues.
Over time, it’s more than likely you’ll need help with various tasks, especially if you find that your business is growing exceedingly. Having a reliable, trustworthy team of professionals to take care of your accountancy needs will be beneficial for both you and your business.
Not only does an accountancy firm provide financial advice and expertise, but they also prepare relevant documents if you need funding – something plenty of businesses require at some point. Additionally, firms represent your business with potential funders as well as support financial partnerships and contracts.
Protecting your Business
Accountancy firms are experienced with years of financial knowledge. Having your finances right is crucial for any business owner, especially if you have employees and clients to think about.
With professional advisors to hand, you won’t have the added stress of having to make sure you comply with legal guidelines set by the government – accountants can do this for you.
Legal Advice
Running a small business might seem easy, but when you look at the bigger picture, there’s a lot more work that goes on behind the scenes. No matter how big or small, an accountancy firm can assist a variety of different-sized businesses by relaying vital information and working out what structure is best.
The legal structure of a business has to suit your goal and match your budget accordingly. Whether you’re going to operate as a private limited company, corporation or partnership, having financial advice from the get-go will help in longevity.
The growth of a business is better assured once you’ve had assistance from an accountancy firm. Liverpool is full of successful entrepreneurs with thriving businesses, but it’s important that they have an accountancy firm.
Accountancy at LJS
With 12 years of experience behind us, LJS Accounting Services is a trusted firm providing exceptional accounting services for businesses in Liverpool and beyond.
At LJS, we understand how important it is to make time for employees and clients, as well as allow yourself time to focus on overall business growth. Helping businesses maintain financial stability whilst keeping on track with records and spending is among the list of things professional accountancy firms take care of.
Whether you’re in need of expert start-up advice or someone to deal with management accounts – LJS can offer any financial service your business requires.
Keli Evans, Director at LJS Accounting Services, excels in taxation and statutory accounts. With a focus on strong client relationships, she leads a diverse portfolio, overseeing vital financial aspects like VAT, payroll, pensions, and taxation with a holistic and committed approach.