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5 Steps for private limited company registration

The name of the company is the first and foremost decision that a person makes for new company registration. It is the first identity that goes out to consumers or investors that’s why it needs to be unique, desirable and one of its kind to make it stand out of the rest. Therefore, choosing a right name of new private limited company registration becomes extremely important and should be done meticulously.

Accounting services
  • Post:CA Nayani Agarwal
  • July 20, 2020

How to pick the best accounting services for your firm

Nowadays the frequent changes made in the laws and regulations have left the normal person scratching their head when faced with financial decisions such as selling an investment property or claiming a tax deduction. That’s where you find the need for hiring an accounting firm. The right accounting firm will analyze your business properly and will give suggestions on the basis of that thereby saving your time, energy, and money and helps your business grow. But before going for any accounting firm there are few things that you must take care of in order to pick the best accounting services that are available in the market. Following are the few points that one must consider:

  • Consider your needs and objectives: the very first thing that any business should consider before going for any accounting services is that if it really needs these services? Why are you looking to hire someone? How often do you need these services? Weigh the pros and cons of each to determine how best to proceed and what will most benefit your business.
  • Location: Nowadays with the advancement in technology, more and more businesses are utilizing cloud-based technology to collaborate with their business associate in real-time, so location is really no longer an issue if you’re willing to go for online accounting firm.
  • Consider your Budget: You need to compare the expenses that will occur in case if you are going for an online accounting service or an offline accounting service. You may be surprised to see how much money you could save by outsourcing those services to an external team of professionals in lieu of hiring an in-house team.
  • Make sure they are certified and experienced: A certified accountant will have more knowledge and experience than the one who is not. His experience will prove to be fruitful in different prospects as he will have knowledge about the business and will suggest different tax planning options, helps in better decision making.
  • Goal Setting: Some accounting firms offer to help clients set goals and monitor financial progress, which can be very helpful if you’re just starting out in business. Find out the firm’s policy on goal setting and if you’ll be charged an additional fee for the service.

Touch Millions is one of the leading accounting firm of experienced and qualified professionals offering various services such as Accounting Services, Online GST Registrations, Tax Planning, Stock Audit, GST Return filing, Business Registration Services. Having an experience we always come with plan to lay out a smooth process that is effective and efficient. Owing to large networks across India, we tend to deliver your accounting needs simultaneously at multiple locations.


About Author

CA Nayani Agarwal is a Chartered Accountant who scored All India Rank-24 and have 6 years of experience in the field of Auditing, GST, Income tax and Accounting. She has given consultation to distinct industries over these years.


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