Small businesses are overpaying accountants for mundane tasks. Easybooks.741.com has recently been launched offering a free service to small business entrepreneurs which aims to avoid this problem.
Small businesses who can ill afford to waste money are overpaying accountants for mundane tasks such as filing invoices and reproducing lists of business transactions. Easybooks.741.com has recently been launched offering a free service to small business entrepreneurs which aims to avoid this problem.
The situation arises because most entrepreneurs with a good business idea are ignorant about what records are required to file annual accounts and tax returns.
When tax deadlines approach, accountants are left to clean up messy records in a rush and have no choice but to charge their normal hourly rates which are meant for strategic, expert business and tax advice.
In situations like these, trainee accountants will be used for time consuming tasks. Trainees are not usually in a position to produce accurate records, but still cost in the region of £50 - £60 per hour at starting London rates due to the training investment firms have to make to employ them. These cheaper rates are only subject to availability depending on the accounting practice’s own business needs.
The costs often spiral out of control. Added to cash flow pressure from set up costs and first year losses for small businesses just starting out, these costs can lead to total business failure.
Easybooks.741.com has recently been launched offering a free service to small business entrepreneurs which aims to avoid this problem. Record keeping and accounts preparation procedures are explained in detail. By avoiding industry jargon as much as possible, any person from any background can follow the step-by-step instruction manual.
To add value for small business, the site publishes articles requested by the general public. Related services can also be viewed directly from the site to boost start ups for talented entrepreneurs.
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