There is one thing you should know about me as a business owner, and that is, I highly prioritise the health and welfare of my employees. You could say that it is the most significant part of my job. You see, when I was a college student, my professor would often remind me of the importance of a piece in a jigsaw puzzle. Until today, his teachings stand true, especially with the health crisis that continues to pose as a threat in our lives. Because of him, I decided to hire an accounting company in Singapore. I did this the soonest I had established my business five years ago. Since accounting is not my greatest strength, I thought and concluded it would be a good idea to have someone who knows this field well.
Well, my decision was right. After all, the said accounting company was able to help me very well. They have managed and handled my finances flawlessly, and without a doubt, they did the same thing with my investors’. You see, balancing accounting is not an easy feat that you can do, even if you are the business owner. If something went wrong, it could stumble the foundation you have built. So, it does make sense to stay and be more vigilant than ever with someone you trust. That way, you could avoid miscalculation in your finances.
However, there is one problem, and it is something most businesses encounter from time to time. What if the person you would hire is not reliable enough?
I remember the first time I hired an employee. I was not able to do a background check. Back then, I was too excited to establish myself, to have a business of my own. So, I did not care that much since what could go wrong, right? However, I began to notice the issues after working with them for a month. They are not the kind of person that their resume says.
From the moment on, I vowed to do my homework before hiring anyone at all. That is the very reason why I am here right now, talking about the importance of accounting service in Singapore as well as hiring a reliable one.
Today, we will be talking about the specific reasons why I hired an accounting company in Singapore name, Express Corporate Services. They have been there with me for five years now. So, nonetheless, what I am going to tell you about is how they helped me. Listed below are the reasons why.
Lack of financial advice when writing a business plan
Making a business plan is not like writing an essay. You have to be clear about it, and it has a realistic view of what you want to accomplish. Well, to do that, you have to clarify your financial goals and project it to your report and connect it with others. That way, your clients would be able to understand your business plan very well.
If you cannot do it by yourself, then chances are you would need some financial advice as we did. Five years ago, we were in trouble writing a business plan. Our clients often reject it or request us to revise it since what we wrote was too good to be true. Good thing that kind of dilemma did not last long. This accounting company was able to help us go through that problem.
Ditto with a legal structure
Besides their financial advice, the said accounting service provider in Singapore was also able to help us strengthen the formation of my company. Somehow, they know the legalities of accounting. Because of that, we were able to avoid false charges that were thrown by others to us.
Poor business decisions
Since we were startups back then, making a poor business decision is not something we could avoid easily. However, having an outsourced accountant, we were able to do well. Not only were we able to prevent fraud, but our working capital fund runs well despite how challenging the economy is.
Thanks to their accounting service in Singapore, the formation of my company becomes better each year. Not only that, but they were able to help me very well in this health crisis.
You see, even though most of my employees are working from home, they were able to get their salaries on time. They were thankful that my business was still going well despite the changes that the COVID-19 had brought to our society.
So, if you are interested in engaging in an accounting company in Singapore, I highly recommended you to hire Express Corporate Services. They can even handle incorporation services if they want to. Therefore, what are you waiting for? Visit their website today as I did five years ago.
