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Do Small Businesses Need To Hire A Xero Accountant?

Do Small Businesses Need To Hire A Xero Accountant?

By | Blog

Xero accounting software recently completed some research to see when business owners felt that an accountant in Peterborough should be hired for business. What they found was some real uncertainty about when an accountant should be hired. There was also uncertainty about the actual value an accountant brings to a small or start-up business.

The biggest reason that small business owners employ the services of a Xero Accountant in Peterborough is because they didn’t start their business to be swamped in financials and paperwork. So it is the first job they take off their list to outsource to someone else.

This makes perfect sense. Why wouldn’t you hire a Xero accountant in Peterborough to take care of the numbers while you focus on what you do best; running a successful business!

As a small business you will always be looking for different ways to save money. You may see a Xero accountant in Peterborough as an additional expense that can be taken out because it is unnecessary.

On paper this may be the case. But tasks such as organising invoices, collating receipts and filing taxes can be extremely time-consuming. This is especially the case for someone without huge amount of experience.

The best Xero accountants in Peterborough will save your money by taking these time-consuming tasks off your hands. However, they will also always be looking at ways that your business can make more money. When you hire a good Xero Accountant you will find them to be more like coaches. They will encourage you to achieve more for your business.

An accountant can add huge amounts of value to your business in various ways. This could be such as increasing your revenue, reducing your expenses, planning your cash flow, helping grow your business and business planning. They can even help at identifying new market opportunities that you may not have considered before.

The added bonus of using could accounting software, such as Xero, is that you don’t need to hire a Xero accountant in Peterborough full-time because they can work remotely using the same date from their own office.

Use A Xero Accountant To Get Paid Faster

By | Blog

If you hate chasing clients for payment, detest creating invoices and sending them out to your clients and just wish your clients would pay faster then why not speak to a Xero Accountant in Peterborough about how they can help you get paid faster by your clients?

You make like easy for your clients; your products or services add ease and enjoyment to their lives and on top of this you answer their calls within hours, respond to their emails within the day, give them the best price and service level possible and all in all make their lives easy – so why not make it easy for them to pay you too?

Giving your customers an easy way to pay their invoice immediately via a credit card or PayPal for example is all part of customer care and makes things easier for them; when you use Xero accounting it is possible to set up an online payment system to give your customers this ease and reduce the stress of getting you paid.

Research shows that 1 in 5 businesses that use Xero to send their invoices to clients offer an online payment service and on average this means they are paid 50% faster; this works out to roughly 20 days sooner than other companies without an online payment service.

Would you like to get paid 20 days sooner?

This will rapidly improve your cash flow and mean you are able to focus more on your business and plan for the future.

The biggest benefit of Xero accounting and their online payment services is that because you get the payment sooner you spend less time waiting for payment, stressing about payment and making difficult phone calls; you’ll also avoid doing those cash flow contortions too.

If you’d like to know more about Xero Accounting in Peterborough and how you can get paid faster then why not call a Xero Accountant in Peterborough in the team here at Direct peak; we would be only too happy to tell you more.