Accounting firm, bank and payment methods

Accounting firms, banks and payment methods should be chosen carefully. When the basics are in order, the company’s daily life will be easier.

Accounting is a statutory obligation for all companies. From the early stages, it is important for entrepreneurs to decide whether they will handle accounting themselves or outsource it to an accounting firm. For most entrepreneurs, professional assistance is the most sensible choice, as correctly managed accounting facilitates taxation, applying for funding and monitoring the profitability of the business.

When choosing an accounting firm, it is a good idea to invest in competence and compatibility: what kinds of software are used, will the reporting be done electronically, and will you also receive personal advice if necessary? At the same time, you can open a company bank account for payment transactions. Select banking services based on how you intend to invoice and receive payments and whether you need other services provided by banks.

Many new entrepreneurs make use of mobile invoicing, an online shop or payment terminals. The functioning and costs of payment methods have a direct effect on the customer experience, which is why they should be taken into account before the first sales transaction. By making the right choices, you can ensure that your business runs smoothly and reliably right from the start.