Choosing an accounting and bookkeeping firm for your small business is an important step. The right accounting firm can protect and improve your business. Whoever you choose can be your partner in all things money, from payroll and cash receipts to sales tax and internal audits.
So how do you know when you’ve found the right bookkeeping partner? Should you go with one of the “Big 4” accounting firms or find a smaller business to meet your needs? That depends on what benefits matter most to you.
As a small business owner, you know all too well that bigger doesn’t always mean better. Boutique businesses often offer a more personalized experience, higher quality work, and other benefits compared to their bigger competitors. The same rule applies in the bookkeeping industry. Here are just three of the reasons to choose a smaller enterprise for your accounting and bookkeeping needs.
You Won’t Fall Through the Cracks
The Big 4 accounting firms work with many of the largest companies in the world. As such, smaller enterprises that hire these firms sometimes feel like tiny fish in the ocean. A boutique accounting firm will treat you like the big deal that you are.
When you hire a small accounting and bookkeeping firm, you get a partner. One that is invested in your business. They know that your success is their success, and this dedication shows in their work.
Partnering with a boutique bookkeeping firm feels like having a CFO who cares about your business almost as much as you do. Your new partner will go above and beyond to put your books in order and suggest any strategies that can better help you succeed. Meanwhile, when an entrepreneur hires a Big 4 accounting firm, they sometimes feel forgotten or pushed aside in favor of bigger clients.
Work with the Same People Every Time
Big 4 accounting and bookkeeping firms have massive teams of accountants. The sheer number of professionals onboard allows them to provide their services to equally big companies. There certainly can be advantages to having so many bookkeeping professionals onboard, but it also has drawbacks.
Small business owners can speak to a different professional every time they contact the Big 4 accounting firm they hired. This happens because there can be a lot of turnover and organizational change in these large companies. The lack of a dedicated team can be frustrating and lead to inefficiencies. Imagine having to explain the complexities of your business every time you need to talk to your accountant.
On the other hand, smaller accounting firms typically have a few dedicated professionals working on each account. These accountants get to know the quirks that make your business unique. They understand how you like to work and what goals you want to achieve. It’s more fulfilling for both you and the business.
Support Small Business Like Yours
Nobody understands small business like other small businesses. When you hire a boutique firm to take care of your business’ taxes, payroll, and more, you work with people who just get it. When your company faces challenges, your accountants and bookkeepers will understand. It’s likely they have been through it or have helped another small business through it.
Perhaps best of all, hiring a small accounting firm demonstrates your commitment to the small business community. When small businesses support one another, amazing things happen.
Virtual Bookkeeping and Accounting Services
At Remote Accounting Experts, we strive to give our partners the best experience possible. When you work with us, you’ll get personalized attention from a dedicated team of smart, experienced experts. Our purpose is to support small businesses like yours.
Ready to work with us? Contact us to set up your free virtual consultation.