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A lot of those who start business feel confronted with bureaucratic
requirements of unreasonable proportions - especially from public authorities.
Lumped all together as: "trouble".
There is no denying that there are many rules to be complied with and many
requirements to be met. However, the vast majority of trouble comes from lack of
bookkeeping and accounting systematics. Many could cut the trouble simply by
outsourcing such tasks.
Service providers
Many companies are specialised in making life easy for other companies
concerning bureaucracy. Such companies differ significantly in terms of working
method as well as product range and unfortunately not all service providers have
high standards of professionalism.
Here is a brief description of various groups of such service providers:
State authorised or certified accountants
To an entrepreneur, there is no substantial legal difference between state
authorised and certified accountants as both types of accountant are subject to
almost similar legislation.
Both types offer a range of accounting and administrative services varying
from one firm to another. Prices vary likewise.
Other accountants
Several persons offer accountancy without being neither a state authorised
nor a certified accountant. This is fully legal as the title
"accountant" is free to adopt without any sort of restrictions.
This group of accountants are under no public control and customers do not
benefit from the same secureness as those who consult a state authorised or
certified accountant. In return, they often get a better price.
Bookkeeping agencies
A typical bookkeeping agency exclusively offers daily bookkeeping and
similar administrative tasks to its customers and does not take on assignments
such as annual accounts, etc. This is handled by the customer´s accountant.
In some cases a bookkeeping agency will be slightly cheaper than an
accountant. This should, however, be held against the fact that by employing the
same accountant for your daily bookkeeping as well as the making of you annual
accounts you are likely to see a saving on the total accounting and
administration expenditure.
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Copyright © 2009 Dynamic Business Plan 07-02-2012
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