Jeremy Priestley — Accounting Tips for Business Owners
Jeremy Priestley is a successful business professional who believes in the work he does. He has been serving clients in the financial industry for several years and started his career working as a trainee accountant for a firm in London. He is a business entrepreneur and knows how important it is for business owners to keep track of their accounts. Here are a couple of tips you can use if you are a business owner.
Keep it Separate
When you start a business, make sure you keep your business and personal accounts separate. Jeremy Priestley knows that trying to manage your personal and business finances together can sometimes be hard. But if you want to avoid the headache of trying to sort out personal and business expenses later, then it is recommended that you keep them apart right from the beginning.
Hire a Professional Accountant
Unless you want to sit down and try to work things out by yourself, it is better to hire a professional accountant to maintain your books. An accountant has extensive knowledge of the profession including tax laws and can help you save money. Accounting can become quite technical, and as a business owner, you don’t want to be spending time pouring over your books trying to find ways to save money, instead you should be using that time to see how you can grow your business. You can save yourself a lot of trouble by hiring a professional accountant to do the job.
Jeremy Priestley did not stay long in the accounting business but moved over to restructuring.
