You have help organising the financial side of the business leaving you to concentrate on other elements. | They don’t have the same capabilities as an accountant, so somewhere down the line, you may also need an accountant’s help to fill the gaps. |
They will usually be cheaper than an accountant. | They are usually just interested in working on the books, whereas a broader admin person can do the bookkeeping as well as assist with other elements of the business such as marketing and operations. |
Ordinarily, they will have qualifications or experience that fill gaps in your knowledge. | |
They can help ensure you are compliant with HMRC requirements. | |
When you need financial reports or understanding, they can provide that straight away. | |