FAQs
How much will I pay?
It depends on the size of your business and the services you need. We’ll start by meeting you to get a background on your business and your needs. We’ll then send a proposal with two or three pricing options.
Fees for Sole Traders start at £40 per month and average around £70 per month. Limited Company businesses start at £120 per month and average around £200 per month. This will be a fixed fee for the year and we’ll review annually with you.
When will I pay?
Our terms are for monthly payments only. We don’t take end of year fees in a lump sum.
What happens if I become your client half way through the year?
We’ll assess the work needed to bring you up to date with your bookkeeping and other affairs. Then we’ll charge you a one-off fee for that work and set up the monthly fees going forward. All this will be set out clearly for you during the engagement process.
Is there a minimum length of contract?
No. We are committed to a long-term working relationship with our clients. However, we know that circumstances change and no one can predict the future. If you bring your engagement with us to a close, we’ll work with you to make sure it’s done as smoothly as possible.
I already have an accountant. How easy is it to change?
In most cases it’s very simple. Professional codes of conduct in accounting require accountants to facilitate clients to move from accountant to accountant so once you notify your accountant we’ll handle the transition.
My finances are in a muddle. Can you help?
Yes. We recommend getting finances in order out as soon as possible. By being in a muddle you’re open to a number of significant risks. As part of our engagement process we will help you set up systems that will keep your affairs in order. As experts in bank account arrangements, bookkeeping systems and paper filing systems we’ll help to keep you on top of your affairs. We will come to your office or home to set these up with you. Usually we don’t charge for this but if your affairs are in serious disarray that requires extended work from us, we’ll quote you a one-off fee to get them up to date.
I can never keep on top of my finances. Can you help?
Yes. We can provide an integrated service of bookkeeping, annual accounts and tax returns rolled in with business advice.
How do you provide business development support?
Our Improving the Numbers Business Development programme is usually delivered through a series of meetings. We recommend quarterly meetings but our minimum frequency is an annual review.