7 July 2020

Small Business Accountant Recommendation in Canberra?

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Hoping someone can point me in the direction of a quality accountant who has a sound knowledge of small business finances.

I work a full time job and run a small business on the side which is growing by the day. I currently have an accountant who has seemingly limited knowledge and only expands on said knowledge when I ask a question about something.
I need someone who can assist with working through expenses, incomes and best options for various situations.

Any recommendations would be greatly appreciated.

Cheers

If you’re also looking for a bookkeeper, check out our article on the best bookkeepers in Canberra.

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Coming a bit late to this part (it’s 2014 now!), but I thought I’d give a plug for BookkeepersACT (http://www.bookkeepersact.com.au). Theo is a great accountant, and helped manage by business finances, reporting and a government grant for my startup. It was a really good experience.

Hopefully you dont keep the task of updating the books for later !

The shoe box will quickly fill up with receipts.

My 2 cents.

By the sounds of it you might benefit from someone that can help run the admin side of things with you while you focus on your full time job and on growing the value in your side business (i.e. increasing sales revenue and product/service value)

I’d recommend starting out with a good bookkeeping and business administration provider in the first instance… i.e. http://www.tradeguardian.com.au/. They are very helpful and have a team of people that can assist you with many aspects…

Disclaimer: I’ve used them for a couple of my own ventures and I’m quite pleased with what they provided. (I think I may have mentioned them once here before)

Think of it like this – there is no real value in you spending your scarce time learning and doing non-billable administrative and red-tape work in your business. You’re better off getting a professional to assist you with this and then focusing your efforts on growing your business in other ways.

Then, assuming that all goes well for you, your focus can shift to annual taxation preparation/advice and perhaps business/entity structuring? You might also have some quesitons in relation to financing expansion by the sounds of it? In which case, yes a targeted conversation with a local tax agent &/or accountant &/or bank &/or consulting firm might assist.

Keep in mind though, you will pay a lot more for services from an accountant/bank/consultant then you will from a business admin provider. So ensure you split out your requirements and speak to the one most applicable for each requirement. In otherwords, don’t ask a business admin provider to do your tax return and don’t pay high rates for an accountant to do general admin tasks.

So, what’s your business if I may ask?

I highly recommend Paul Maslens (http://maslensbookkeeping.com.au/).

He is highly specialized in small business and doesn’t charge through the roof like our old bookkeeper.

You want one of:

Jeanette Rawlings
Ph: 02 6241 6744
Em: admin@rawaccountants.com.au
Web: http://www.rawaccountants.com.au

or

Kerri Dickman
Ph: 6296 3733
Em: admin@dickmans.biz
Web: http://www.dickmans.biz

Both are fantastic accountants who will really care about your business.

Try Achievecorp http://www.achievecorp.com.au/ Professional and always responds promptly with any issues.

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