There’s a lot that you can do yourself when it comes to certain aspects of your business, particularly a charity. As a matter of fact, it isn’t too difficult when compared to many other types of businesses, but it does pose its own sets of challenges, particularly when it comes to financing. After all, charities don’t exactly have the same kind of financial structure, which means that even a seasoned owner might find themselves thrown for a loop every now and then.
This raises the question, are accountants Central London really that important? Is hiring a skilled charity accountant truly going to help when you have the time as well as the dedication to get things done yourself? While the answer is still a resounding yes, here are a few reasons as to why.
Charities are a different playing field, and a dedicated accountant is essential
One of the biggest reasons why many startup charities tend to fail is because they underestimate the consequences of mistakes. When it comes to a charity, making mistakes when it comes to something like the VAT from taxes can prove to be more than a little costly. A charity accountant is more than …Read More »