Ecommerce accountants specialise in bookkeeping and accounting for online businesses. They are not your typical accountants, so you need to be careful when choosing one. Here are some of the things you must consider to make an informed choice:
- Get to know the accountants
Look for established and reputable chartered accountants that are part of an independent firm in London. They should have relevant experience in supporting entrepreneurs looking to make their online business successful.
- Find out how they can support your business
Seasoned ecommerce accountants will understand your business and its objectives, as well as your personality to deliver the best solutions and services. Their goal is to help you plan effectively to achieve your objectives, and measure progress as it occurs. Likewise, they must be able to provide business advice and take actions to remedy any issues your business may be dealing with.
- Identify what makes them different from other accountants
Choose accountants who will prioritise your best interests. This way, they can provide high-quality solutions that are focused on the bigger picture. Make sure that they can communicate with you using simple language to avoid further guesswork and to help you make informed decisions quickly.
- Know their guarantees
Seek ecommerce accountants who can guarantee real value to your business. They value their reputation, so if you’re not pleased with their services, they won’t ask you to pay for them. Make sure they offer transparent, fair, and simple pricing, reliable communication, and responsiveness.
- Get to know their affiliations and registrations
Their affiliations should prove that it is safe to hire them and that you can truly count on them. Verify their professional affiliations with ICAEW, and make sure they have professional indemnity insurance. They must be registered with the Information Commissioner’s Office to protect your confidentiality, as well as with the Companies House. Take note of their registration numbers for cross-referencing.
- Know what they can do as ecommerce accountants
Experienced ecommerce accountants can help you plan for business success, assist with financing for business growth, and give ideas for growth and efficiency.
- Find out what other ecommerce business owners are saying about them
Look up reviews about the accountants and how they have helped other ecommerce businesses in London, but remember to take them with a grain of salt.