Accountants Rated As Most Valued Professional Financial Advisers By One In Five Businesses

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Professional advice website, unbiased.co.uk has today released new research which reveals accountants as the most valued professional adviser when it comes to financial advice.

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Setting up and running a business can be time consuming, especially in the current economic climate and an accountant can offer not just valuable advice but also free up your time to focus on other important business matters.

Professional advice website, unbiased.co.uk has today released new research which reveals accountants as the most valued professional adviser when it comes to financial advice. Of the small businesses surveyed, 21% believed that their accountant provides them with the most valuable business advice. 12% of small business owners name friends, while 10% state a member of their family has given them the best advice on their business. One in three (31%) believe their own advice is the most valuable with regards to running their company.

Of the 54% of small business owners who have sought professional advice on their accounting and book keeping needs, 48% say that their accountant has saved them money in the long-term, while 47% state that they had helped them make sense of the complex UK tax system. Over a quarter (28%) say using an accountant has meant they have more time to focus on important business decisions. One in ten (10%) say their accountant has helped them to free up time to spend with their family.

Karen Barrett, Chief Executive of unbiased.co.uk, comments: “Whilst some business owners value their own judgement over anyone else’s, when it comes to the running of their business, it’s important to seek professional advice. Setting up and running a business can be time consuming, especially in the current economic climate and an accountant can offer not just valuable advice but also free up your time to focus on other important business matters. The UK tax system is constantly evolving and it is important to keep up to speed on how any potential changes could impact on you and your business – making tax a key area where professional advice is invaluable.

“We have recently added our latest ‘find an accountant’ search to our site – helping businesses and consumers to find the best adviser for their needs. Go to http://www.unbiased.co.uk to conduct a free and confidential search for the best accountant for your and your business’s needs.”

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