Small business accounting firms typically focus on providing accounting and bookkeeping services specifically to small businesses. While many of the services provided by a small business accounting firm may be similar to those provided by a traditional accounting firm, there are some key differences that set them apart:
Expertise in Small Business Accounting
Small business accounting firms have expertise in the specific accounting and bookkeeping needs of small businesses, which can be different from those of larger organizations. They understand the unique challenges and opportunities that small businesses face and can provide tailored solutions that are designed to meet the specific needs of small businesses.
Value Pricing
Small business accounting firms understand that small businesses have limited budgets and resources, and often use value pricing to establish a low, fixed price they can afford. Traditional firms tend to focus on billable hours and time-based billing, which can quickly become too expensive for the average small business.
Personalized Service
Small business accounting firms tend to have a more personalized approach to service, with a focus on building long-term relationships with their clients. They often take the time to get to know their clients and understand their specific needs, goals, and challenges.
Flexibility
Small business accounting firms tend to be more flexible than larger firms, with the ability to customize their services to meet the unique needs of each individual client. They can often provide more nimble and responsive services, which can be particularly beneficial for small businesses that need to adapt quickly to changing circumstances.
Technology
Small business accounting firms often leverage technology to provide more efficient and streamlined services. They may use accounting software and other technologies that aren’t available or realistic for a small business to use on their own.
Working with Haworth & Company
In summary, while small business accounting firms may offer many of the same services as traditional accounting firms, they tend to have a more specialized and personalized approach that is tailored to the unique needs of small businesses. At Haworth & Company, we offer affordable pricing, flexible services, and expertise in small business accounting that can be particularly valuable for small business owners. Contact us today to learn more.
