However, we must temper that hope somewhat since today we learn the bad news out of Germany that the relaxing of their lockdown looks set to be reversed because the virus is gaining traction again.
We're going to have to get used to social distancing for some time to come it appears.
In a way though, it's really an accelerated continuation of a pattern we've seen across society over the last twenty years. For example, the companies we buy from are often based hundreds of miles away and they ship out their goods to us via the Royal Mail.
Is there any point to staying local then and working with suppliers who are close to where we are?
I'm certain that there is and, in this article, I'm going to set out why I think that your accountant should be based within a short driving distance of your company premises. And why that accountant should be Sunny Accountants!
Accounting is personal
The professional relationship you have with your accountant should be the closest professional relationship you have.
For example, when we first start working with you as a client, we come out to meet you. At our initial consultation, we find out as much about you and your company as we possibly can. We want to know what drives you, what gets you up in the morning, and what keeps you awake at night.
A great accountant is a real business partner who is invested in your success and shapes the services s/he offers around your needs.
The best relationships in life and in business are characterised by frequent interaction whether face-to-face or over the phone. It's much more difficult to achieve any personal rapport or that feeling of being partners if your accountant has never met you and you've never looked into the whites of his or her eyes.
Your local Sunny accountant is just around the corner and not on the other side of the country.
You know who's doing the work
With a remote accounting firm, it might be the person you speak to on the phone who's working on your personal and company business accounts or it might be one of their colleagues.
Just as likely in the era of internet-based outsourcing, the person working on your accounts could be based outside Britain without an intimate knowledge of UK accounting practices and tax laws. And the person who'll be working on your accounts tomorrow might be a different person that the one who was working on your accounts yesterday.
Either way, do you really know who you're going to speak to and will they really know you and your business at all?
With a local accountant like Sunny Accountants, you know exactly who's working on your accounts. We offer 2 points of contact for our clients and they are both available either by phone, email or in person.
Your accountant knows your sector and the local area
A local accountant is based in the same regions and communities as you.
Your accountant has a wide network of close-by contacts – be they angel investors, venture capitalists, business brokers, or fellow business owner like yourself. A local accountant is bound to know people who you or your business will find useful either as a customer, a supplier, or an advisor.
A local accountant knows your local area – they know which grants, loans, and funds are available and they can help you apply for them.
Check out the page on our website for grant availability in Ashfield and Mansfield – if you need any help with them, we're only a phone call or email away.
A local accountant is an assiduous planner and observer
From the off, your local accountant knows what personal and professional financial success means to you – both how you define it, and how you plan to achieve it.
Accountants train for years to qualify and our work exposes us to a lot of different situations – companies which are booming, companies which are struggling, people planning for retirement, families wanting as much protection as possible from inheritance tax, and more.
A local accountant who is really involved with you and your business can point out opportunities you might have missed to improve your profitability. We all know that business is never plain sailing so your accountant should be the first port of call when you need to reduce costs during periods of reduced turnover.
Because your local accountant has got to know other clients over the years and been on a journey with them, they'll have encountered situations similar to the ones you may experience many times before. And, because of this exposure, your accountant will be able to recommend which approach you should take so that you get the outcome you want.
Do you want to retire in 5 years' time? Do you want to sell up? Tell your local accountant the end destination you want to arrive at and they'll be there to help you device the plans you need to achieve what you want in the timescale desired encountering the least amount of friction on the way.
Accountants near me – Sunny Accountants
Here at Sunny Accountants, we believe we offer the best of both worlds. We know that there are inexpensive remote accountants offering their services to private and corporate clients in the Ashfield and Mansfield areas and that some of their pricing plans look very tempting.
Over the course of the last few years in response, we've restructured our business so that we're able to offer the local service you want and still be competitive on price.
We're fully conversant with all online accounting and bookkeeping packages having fully embraced cloud software a few years ago – we're even Xero and Quickbooks partners. If you need to transfer important and sensitive documentation over to us, we have secure online portals – just contact us to find out more.
If you want a proactive local accountant who takes a real interest in you and your business, then speak to Sunny Accountants. While social distancing may prevent us from meeting face-to-face in the coming months, we look forward to the day in the not too distant future when we can drop by your office and we can both put faces to names.
To speak with a Sunny representative on all aspects of taxation, please call us on 01623 559 362 or email us on [email protected].
For a free chat on how we can help you, please complete the contact form below and we will be in touch.