Finding a good accounting firm in your location can be a very tedious process, which is not supposed to be so. Therefore, in this article, I will explain how to find an accountancy company in your location through the "accounting firm near me" on the Google search platform.
Research shows there are more than 138,000 accounting firms in the United States. Therefore finding an accountancy company to audit your books and prepare tax filing shouldn't be difficult.
As a small business owner, you're probably in charge of every part of your business, including your finances. If you aren't a financial expert, though, you should engage a professional accountancy firm to handle your books and taxes or outsource your accounting services so that you can concentrate on other aspects of your business.
Why is it so difficult for small businesses to find accounting firms?
Many small businesses struggle to find an accounting company because they:
- don't know which financial services they require,
- they don't know where to look for the finest accounting agency for their needs, or
- they don't have the money to hire an accountant.
However, with the appropriate strategy, these problems can be solved
To begin, determine your specific financial needs as well as any financial gaps. Do you need services such as bookkeeping, accounting, auditing, or tax planning? Do you require an accountancy firm with specific sector knowledge or experience?
Next, determine which type of accounting service you need for your business. A local or remote accounting firm, a bookkeeper or a CPA, or a QuickBooks certified specialist are all options.
Finally, given that you might anticipate to pay an accountancy company $500 to $3,000 per month, choose which accounting services are appropriate for your company's budget.
What Do Companies Look For In Accounting Firms?
When looking for an accountancy firm, it's important to know exactly what you're looking for. According to Xero, the following are the qualities you should look out for in an accountancy firm:
1. Convenient location
Many businesses prefer to engage a local firm or individual accountant, but this is no longer essential. With cloud accounting, you can collaborate with your accountant on real-time data from any place. Furthermore, you need a firm you can call upon at any time, and you will get an instant reply and solve your issues.
While bookkeeping and tax compliance may not always necessitate hiring professional accountant, other responsibilities, such as getting loans and auditing do. As a result, the accounting agency you hire should have at least 80% chartered accountants on staff.
3. Relevant experience
Your accounting firm should have the experience to assist your business, which includes knowing how to work with a company of your size, revenue, and industry.
4. Proactive about saving money
Choose an accounting firm that is interested in assisting you in saving money rather than just managing it. This necessitates a thorough grasp of cash flow and proactive efforts to achieve a cash surplus for your business.
5. Matched software
It's much easier to collaborate with someone who uses the same software as you to ensure that the data sharing process runs well.
Choosing The Right Accounting Service
You may begin your search for the ideal accounting firm or service for your company now that you know what to look for.
1. Certified public accountant (CPA)
Not every accountant is a CPA. Accountants must pass an exam and complete some state-specific requirements to become CPAs. CPAs must keep up to speed on business accounting challenges. Hence, they are required to renew their certification regularly. The American Institute of Certified Public Accountants (AICPA) website can help you find a CPA.
2. QuickBooks ProAdvisor
If you are already managing your finance with Intuit's QuickBooks, hiring a QuickBooks ProAdvisor means you'll get the services of a bookkeeper, accountant, or CPA who has completed a series of exams demonstrating their knowledge of one or more QuickBooks products. On its Find a ProAdvisor website, Intuit maintains a directory of ProAdvisors.
Accountex is a global accounting professional membership network where you can find bookkeepers, accountants, and CPAs. Experts who specialize in the accounting software you use can also be found.
Tips For Finding The Right Accounting Firm For Your Company
Here are some important tips to find the perfect accounting agency for your business:
1. Make the most of your personal connections
Small business owners understand the value of networking. When looking for an accounting firm to outsource your financial records, use your business contacts and ask friends, family, and acquaintances for referrals.
2. The hiring process should not be rushed
Don't settle for the first "good fit" you come across. Take the time to interview several companies to make informed decisions. The survival of your business depends on the type of accountant you work with.
3. Perform a background check
Since you'll be entrusting this agency with your company's finances, conduct a background check on your candidate before hiring to ensure their reliability.
4. Negotiate fees
You should have a budget for any accountancy firm you want to hire. Negotiate the rates to a reasonable, agreed sum for both parties if your possible accounting agency requests more.
Finding The Right Accounting Firm
The American Institute of Certified Public Accountants (AICPA) maintains a CPA-location site that can assist you in locating a qualified accountancy firm in your area.
The best accountancy agency for you is one that is familiar with your industry and has worked with businesses like yours. For referrals, talk to people in your sector; they'll know experienced CPAs in your industry.
Use "Google Near Me" Searches To Your Advantage
"Near me" searches are location-based searches performed by those who are ready and able to make a purchase. When searching, Google uses the searcher's current location to guarantee that they see the results closest to them.
With Google service, finding any product or service near you becomes easy. For example, since this article is about finding an accounting firm near you for your business, go to Google search, then search for the keywords "accounting firm near me," and all the accountancy agencies in your location will appear.
But if you are having difficulties finding the accounting agency near you, you can add your location to the search. For example: if you stay in California, you can search; "accounting firm near me" + California. If you live in New York City, you can search; "accounting firm near me" + New York City.
Make sure you do thorough findings and read reviews of the agency you want to hire. You can write down the names of some accountancy firms whose profiles you like, then investigate them before contacting them.