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Many small businesses owners don’t realize that a staggering 80 percent of SA businesses fail within the first 18 months. Typically, one of the main causes is poor financial management.


Most people don’t service their cars at home

Instead, they bring them to a professional mechanic who can keep things running smoothly and spot potential issues. Small businesses need just the same attention from a professional.


Get all your deductions

An accountant can support you by easily identifying potential deductions throughout the year and advise you how to make strategic decisions for year-end deductions.


Avoid an audit

Another really compelling reason to hire an accountant is to avoid the dreaded audit. Unfortunately, most people think of an accountant as someone who can fix these issues after they’ve occurred.


Save time and energy (and sanity!)

As an entrepreneur, your focus should be on running your business. Investing in a professional accountant and engaging him or her as an ongoing tactical business advisor will assist you in maintaining that focus and simultaneously keep you on the road toward your business goals


Make real-time decisions

Having an accountant as your financial advisor to help you with budgeting and monitoring cash flow on a steady basis will allow you to navigate any hurdles that occur in real time.


Plan for the future

one of the biggest benefits of hiring an accountant is getting advice on how to plan for the future. Together, you can pull reports from past months and examine the seasonality of your business. Doing this will help you determine the best time to buy inventory, and budget for big-ticket investments so that you can stay competitive and viable.


"Life is like accounting, everything must balance"

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