Yorkshire has a wide range of accountants on offer, be it for personal or business purposes. And while it’s relatively easy to find a reputable accountant who can provide a basic service, finding an accountant that fits your specific needs can prove a little more challenging. Thorough research is, primarily, the best way to ensure that your choice of accountants fits your needs exactly. However, in a county as large as Yorkshire, it’s especially important that you rely on any recommendations and reviews that are offered to you by a prospective company. These will help verify your research.
Depending on your precise location within Yorkshire, you may have more or less choice of accountants on offer. In large areas such as Sheffield, Leeds and York; your options will be less limited. In fact, these cities will probably present you with too much choice, which will leave you with the task of narrowing your options down to a select few.
Before you begin researching, you first have to decide what type of accountant you need. You typically have the option of choosing between a self-employed accountant, and an accountant employed on behalf of a firm. Both options are viable, however both offer their own unique sets of benefits and drawbacks. For example, choosing a larger accountancy firm to manage your finances could mean higher fees and a less personal approach to your meetings. However, larger companies can also provide the benefit of accuracy, reliability and experience- because they have a brand to uphold.
Choosing a self-employed accountant in Yorkshire could also mean choosing a personal relationship with an employee who doesn’t have to meet the quotas of a larger company. It implies more personalised and customised treatment, better suited to individuals and smaller companies. The main drawback with hiring standalone accountants is a lack of convenience. While national firms have customer service advisors, and appointment booking agents that can arrange the easiest solution for you- independent accounts may have less time and more restrictions. The decision is entirely personal, however, although it’s important to note that your choice will affect the type of service you receive.
Once you’ve decided on a type of accountant, you must then begin the research portion of the process, in the interest of finding your match. As with any search, consider using specific tools, such as the internet and local directories. Remember, directories such as Yellow Pages are also available online, and these can provide lists of names and contact numbers for you to use as a starting point. After choosing a number of businesses to pursue, you can then also use online review sites (in addition to personal recommendations) to help you choose the ideal accountant.
A further few considerations to make are budget and time requirements, which you should factor into your research. Yorkshire, as with many counties, does offer financial services to struggling companies. West Yorkshire, for example, provides a service to local organisations by a team of qualified accountants. This service also offers training to small businesses on management and bookkeeping.