Should you hire an accountant to oversee the finances in your business?

[Kennysplash]

If your business is still in the early stages of development then you might feel the finance aspect is something you can just handle yourself. But when it is growing up to be a large scale business you would need a certified professional to help you with the finance.

So at that time it is advisable to hire someone to help you while you focus on other aspects of the business. It will save you unnecessary stress in the long run.
Do you think this is a good idea?

 

[Ernestnari]

You cannot be hiring an accountant when your business is just barely worth just a thousand dollars. That level of finance is what your basic entrepreneurial skills can handle. You would need an accountant when the worth of your business is in the millions.

 

[Jonaville]

Some people always say that this is not a very important or necessary but it is important especially when the company is a very big company because they need someone to manage their finances

 

[Nomad]

Unless you are an account yourself, all businesses irrespective of their sizes should hire an accountant for book keeping., Book keeping is very important to maintaining your financial records.

 

[GIFTMICHAEL]

When the task of taking proper records of the financial state , revenue generated and expenditure become quite huge for the business owner to handle amidst other activities then the services of an accountant is needed.

 

[eLdavis]

Yes hiring a professional would be the best option, but it should be at a stage where your business would be able to hand that much. Right now i can pretty much handle things on my own, so i do not need the help of an accountant.

 

[Chibson]

of course if you have a big business venture it is always important and necessary for you to hire an accountant who will oversee the finances of your business. They are always very professional and you will get money for your money.

 

[Planbizzle]

Yes, it can be advantageous to employ an accountant to manage the finances of your company. An accountant may assist with cash flow forecasting, provide guidance on increasing cash flow, identify additional savings opportunities, and maintain accurate and up-to-date financial data.

 

[Syldan]

Well I think it depends on your participation at the business.

if I am always present at the business ground, I don't really think there is any need for someone to oversee my financial affairs.

 

[Good-Person]

of course if you have a big business venture it is always important and necessary for you to hire an accountant who will oversee the finances of your business. They are always very professional and you will get money for your money.

Yes, hiring an accountant is necessary. However, if your business is not that complex, then you could handle accounts yourself if you want. Right now, I am working as a freelancer and i manage my income statements myself.

 

[Chibson]

Yes, hiring an accountant is necessary. However, if your business is not that complex, then you could handle accounts yourself if you want. Right now, I am working as a freelancer and i manage my income statements myself.

Of course you did not need to hire an accountant for your freelancing work because it is still small. But if you have a business that is so big and complex doing that is necessary.

 

[Good-Person]

Of course you did not need to hire an accountant for your freelancing work because it is still small. But if you have a business that is so big and complex doing that is necessary.

Yes, I do not need to hire one because i am my own accountant. I must say that there are many free applications that an accountant could use in order to maintain and update his accounts daily.

 

[Chibson]

Yes, I do not need to hire one because i am my own accountant. I must say that there are many free applications that an accountant could use in order to maintain and update his accounts daily.

Yes, I believe with the help of some applications you can actually do almost every job by yourself. But when you have a very big business you need the services of professionals who will help you to do that because of the level of inflow.

 

[Abigael]

Having an accountant is very good for every business. They help run the finances of the company well hence it never gets into bankruptcy or get broke. You should hire a trustworthy and experienced accountant.

 

[Chibson]

Having an accountant is very good for every business. They help run the finances of the company well hence it never gets into bankruptcy or get broke. You should hire a trustworthy and experienced accountant.

Yeah, you should always try as much as possible to hire accountants with experience. They must have worked in a similar position for some certain companies.

 

[Abigael]

Yeah, you should always try as much as possible to hire accountants with experience. They must have worked in a similar position for some certain companies.

That is right. Experience is very important when handling money. So an accountant needs to have practiced it for a while elsewhere. That is experience is what they will use in your company.

 

[Chibson]

That is right. Experience is very important when handling money. So an accountant needs to have practiced it for a while elsewhere. That is experience is what they will use in your company.

Yeah, you need to make sure that the companies or businesses they have worked for is very much reputable and have track record of success. That way you will be rest assured that they will handle your business well.

 

[eenya00]

if you have the financial capability, then you can go ahead to hire an accountant to oversee your finances but if you can not hire an account manager then you can learn accounting yourself.

 

[Trey]

Hiring an accountant is all about the size of the business. Accountants don't come cheap especially the chattered ones. If you can't afford, you can hire someone with basic accounting knowledge to man it for you.

 

[Abigael]

Hiring an accountant is all about the size of the business. Accountants don't come cheap especially the chattered ones. If you can't afford, you can hire someone with basic accounting knowledge to man it for you.

That is right. You cannot just jump into hiring a competent accountant. They are so expensive especially when they are highly experienced. So you should make sure that your company can afford one.