When to Hire an Accountant for your Business

Your financial statements are more than just numbers on a page - they're the narrative of your business journey. As your business grows, so does the complexity of your financials. Here's when and how to bring in reinforcements:

1. Timing is Everything: Consider outside help when managing financials starts taking too much time away from running your business. For different entrepreneurs, this is early, and for others, it could be years before you need to make a hire.

2. Start Small: Your first finance hire doesn't need to be a CFO. A junior finance person or outsourced bookkeeping service can be a great start.

3. Choose Wisely: If outsourcing, ensure your partner understands your industry and can work independently.

4. Keep Control: While you can outsource bookkeeping, never fully outsource your relationships with your bank or lenders. As the business owner, you should always be at the helm of these crucial conversations.

At Holdings, we're not just about providing high-yield business accounts. We're here to help you navigate the financial landscape of growing your business. Our platform offers industry-leading interest rates and provides tools and insights to help you manage and present your financials effectively.