A small business is not legally required to engage an accountant, but every small business in Australia is expected to comply with its laws and regulations.
Having an accountant will ensure your business stays compliant and meets its regulatory lodgement deadlines.
But this is only the beginning!
Accountants also help manage financial records, provide valuable insights around business, tax and financial planning and strategy and can be a trusted advisor whenever you need them.
This can save you time and money, allowing you to focus on growing your business.
Operating a business does require various steps, and having a trusted accountant to partner with can both focus and ease the load on small business owners.