When do you know that you need the services of a business accountant?

Starting your business is a journey strewn with pitfalls that requires solid knowledge in management, accounting and taxation. Some entrepreneurs, convinced of their versatility, believe they can take on all these hats alone.

Noble intention, but oh so risky! Gaps in these regulatory areas can quickly set the entrepreneurial boat on the rocks. So, how do you know if the time has come to take off with an accountant? We take stock here!

Faced with a glaring lack of time or skills

The overwhelmed business manager will be well advised to delegate his accounting and certain legal obligations to a specialist. Getting bogged down in these time-consuming tasks to the detriment of the commercial development of your company would be heartbreaking. Likewise, not having internal required qualifications can lead to costly errors.

In these two cases, support from an accountant is essential to concentrate on its core business and ensure the compliance of its management. He will be able to take charge of all administrative or regulatory activities to free your mind and allow you to concentrate on what adds value to your company. For example, In Paris 11, chartered accountant service by DESPAGNE Expertise-comptable is a pretty interesting option.

To calmly anticipate tax deadlines

Between the deadlines for tax calculation, filing of VAT returns or transmission of data for the DSN (Nominative Social Declaration), the manager can quickly lose his footing in this restrictive schedule.

A figures professional will be able to support you in meeting these deadlines, carry out mandatory teleprocedures and avoid late payment penalties. It is a powerful ally to approach the future with serenity!

He will centralize all accounting and tax information necessary to make declarations in the time and manner required by the administration. You will no longer have to worry about these annoying constraints.

When structuring your accounting

Maintaining rigorous and compliant accounting from the first months of activity is a guarantee of credibility with financial partners. But for many new entrepreneurs, establishing an accounting plan, configuring management software or defining reliable procedures is an obstacle course.

You might as well seek the advice of an accountant who will lay the foundations for healthy management of your company. Its expertise will guide you to install effective management and reporting tools, as well as internal control mechanisms adapted to your activity and your size.

To benefit from an informed view when closing the accounts

The annual closing of the accounts is a crucial exercise since it must reflect the real assets situation of the company. However, certain accounting subtleties can distort this picture or minimize certain risks.

An experienced professional will be able to advise you to make the necessary adjustments and validate the regularity, the sincerity and faithfulness of your financial statements. His in-depth expertise will provide you with valuable insight to make the right decisions with full knowledge of the facts.

In the event of a tax audit

Finding yourself in the crosshairs of the tax administration can cause a lot of cold sweats. Fortunately, with an accountant at your side to respond to controllers’ requests or even accompany them during the audit, you will significantly reduce stress.

His expertise in tax mysteries and his ability to justify each accounting element will be valuable assets in defining the recovery. Thanks to it, you will go through this ordeal with more peace of mind and you will be able to continue to concentrate on the operational management of your activity.

During a growth or recruitment phase

The phases of acceleration in turnover or increase in staff numbers are exciting, but sensitive. They often involve strategic choices at the social and fiscal level with lasting consequences.

Having simulations and numerical projections from an accountant will help you to make the best decisions concerning your investments, the status of your employees or your social protection. Their support will be an undeniable asset to calmly navigate this exciting period of development.

In case of financial difficulties

The sudden deterioration of your cash flow or the accumulation of deficits should act as a warning signal. Don’t let a bad patch compromise the sustainability of your business.

An accountant can quickly diagnose the causes of this turbulence and offer you solutions to clean up the situation. He will also be able to advise you in the event of cessation of activity.