Small Business Advice

How much does an accountant cost?

23 Oct 2017

Professional services such as accountancy, more directly on someone's time than in most other business sectors and are typically calculated based on how long someone thinks the job will take, multiplied by a "charge-out rate".

Traditionally accountants provide an estimate, do the job, and then add up the hours spent and bill the client, often asking for a deposit if the work is substantial. If the final bill and estimate are different there is usually and awkward conversation and no repeat business.

At Accounts and Legal we believe accountancy fees don't need to be a mystery and should not result in nasty surprises. For us, successful fee quoting relies on two critical factors:

  • Does the person deciding how long it will take know enough about my business, and have the necessary experience, to make an accurate assessment; and
  • Does the charge-out rate reflect the cost of paying a knowledgeable person to do a good job.

  
Accounts and Legal have developed a simple quotation tool to enable entrepreneurs to obtain a instant quotation for accounting services, based around the size of your business and what tasks you would like us to complete. The Instant Quote tool provides an indication to small business owners of what appropriate accounting services will cost, but is honestly no substitute for speaking to one of our experienced accountants or advisers who can scope out the work and talk you through how we use leading software solutions such as Xero and Receipt Bank to ensure the bookkeeping and accounting processes are as efficient as possible.

We are confident that our Business Development team have the experience and knowledge to accurately determine a fair price for the desired accounting services, that once the work is agreed we will fix our monthly fee, confident in the knowledge that we understand your business and can provide the services required to a high standard within the fee quoted.

With any small business accountancy service we also provide commercial support through our Business Consultants and can also take care of your Legal and HR issues too. 

For an accountancy solution, specifically tailored to meet the needs of you small business, get an Instant Quote today and once of our Business Development team will be in touch shortly.



 

Keir Wright-Whyte

photo

Managing Director

0207 043 4000

About the author

Originally graduating with a degree in geography from Edinburgh University, Keir claims that he was then tricked into becoming an accountant by one of the UK's top 5 accountancy practices.The deception extended to the usual training in audit and associated activities.

Keir subsequently worked in a number of advisory roles with clients including in the energy trading, pharmaceuticals and financial services sectors.

He loves working at Accounts & Legal because of the variety of work and clients, the excellent team ethos and morale, the importance placed on genuinely helping and being useful for clients and because he believes what he does matters to clients and helps the firm.

Keir's primary role is to ensure that new clients with complex businesses or needs are on-boarded in the best way and he is a "trouble shooter" both for clients and where complex issues arise internally. He also helps the accounting teams strive to improve what we do for clients, whether processes or services.

When not debiting or crediting, Keir has a penchant for fixing old buildings, skiing, surfing and cycling.

  

We can help your business grow

 

We're accountants who specialise in working with small businesses, from start ups to growing businesses. With offices in London and Brighton, we're a highly cost effective solution for compliance but also for strategic planning, bookkeeping, tax and accounting support

 

Call us today or get an instant quote for our services!

 

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