As a plumber, should you engage an outsourced accountant to save up time and money from hiring in-house? Outsourcing is not only a convenient option, it is the right thing to do as accounting is a sensitive business matter that requires expert opinion and careful consideration.
Accountants for plumbers, electricians, carpenters, bricklayers, etc
Your tradies accountant needs to respond truthfully to all your questions about outsourcing your accounting especially since you will be sharing sensitive information about your plumbing business. It’s critical to ask important questions. As a plumber, here are some questions you need before outsourcing accounting.
The first thing you should ask your outsourced accountant is what they use for security. Your files are likely mostly digital but have you asked your accountant about their physical safety? Ask them who has access to their database and if they have a screening method for those who have access to their server room. Find out if they allow sharing of information among local devices.
There’s a lot of accounting software in the market and your outsourced accountant is likely using one. Ask them what you will use based on the integrations that your trade business needs. If your outsourced accountant uses an accounting software, this could mean lower fees for you.
Another question to ask your outsourced accountant is what they do with your files after all the accounting work is done. Do they save or destroy them? Remember you have sensitive information with them so protect your financial data and ask your outsourced accountant for a written agreement about your information after completed work or a terminated contract.
Find out if your outsourced accountant has policies in place in case of a data breach. This is very important because things happen. What are the policies they have that are meant to compensate affected companies, mitigate damage or recover lost data? Do they have an emergency plan in case an emergency happens?
Ask your outsourced accountant is they can grow with your business. Choose a tradies accountant that have the best interests of your plumbing business. Make sure they can deliver what you need to help you run your plumbing business smoothly and efficiently.
As you look for different ways to grow and improve your business, seeking professional advice could prove to be an important and helpful decision.
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We would love to help you formulate investment strategies and streamline your processes to take your business to the next level. Our goal is to help you grow your business, find ways to invest more and increase your productivity.
Sky Accountants Ballarat
Phone: 1300 328 855
Office Address: 902 Howitt Street, Wendouree, Victoria 3355, Australia
Postal Address: PO Box 2234, Bakery Hill, Victoria 3354
Sky Accountants Gisborne & Macedon Ranges
Phone: 03 97444522
Office Address: 45 Hamilton Street, Gisborne, Victoria 3437, Australia
Postal Address: PO Box 270 Gisborne Victoria 3437