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Do I Really Need an Accountant When Starting a Business?

  • Writer: Rhea Watson FCCA
    Rhea Watson FCCA
  • Apr 29
  • 2 min read

Updated: May 15




Young plant growing — symbolising strong business foundations
“By working with an accountant when starting a business, you set yourself up for stress-free growth.”

Starting a business is exciting — but it also comes with a long to-do list. You're likely juggling everything from branding and sales to websites, suppliers, and maybe even hiring your first team member. It’s a lot.


So it’s understandable that finances might get pushed down the list — or that you might assume you only need an accountant for the essentials, like your year-end tax return or Companies House filing.


But if you're wondering whether you really need an accountant when starting a business, the answer is: it can make a huge difference.


It’s Not Just About Avoiding Penalties


Yes, one of the most important reasons to work with an accountant early on is to make sure you don’t miss any deadlines or fall foul of HMRC. That part is critical — and something we can take off your plate straight away.


But what many new business owners miss is the internal setup. Things like:


  • Keeping proper bookkeeping records

  • Tracking income and expenses clearly

  • Storing receipts in a system that actually works

  • Setting up payroll correctly (even if it’s just for you)

  • Understanding how tax planning applies from the very start


Get It Right From Day One


In the early days, it’s easy to manage things with spreadsheets, notebooks — even a folder full of receipts. But once your business starts to grow, those systems often break down fast. That’s when things become stressful, messy, and hard to untangle.


By working with an accountant when starting a business, you’ll build the right foundations — not just for staying compliant, but for saving time, reducing stress, and growing with confidence.


Need help setting up your finances the right way from day one?


Let’s have a free, no-pressure chat to explore what you need — and how we can help.

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Registered in the UK. Registered Office: High Street, Penistone, Sheffield, S36​

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