Bark

We’re partnering with the Association of UK Accountants to help British entrepreneurs grow their businesses

Great accountants are more than just bean counters – they’re business partners, who’ll use their wealth of experience to help your small business flourish and grow. That’s why we’re proud to announce that Bark is partnering with the Association of UK Accountants.

Unlike other accounting organisations, Association members work extensively in business before going into practice. As such, they’re focused on helping clients maximise their profits using management information, rather than simply helping with tax compliance.

Chartered Accountant, Steve Bicknell
The Association’s Business Development Director, Steve Bicknell

“Our clients tend to think of us more as business partners,” explains the Association’s Business Development Director, Steve Bicknell. “Because we have actual business experience we can provide real support in areas such as funding, cash flow, business strategy, performance measurement as well as advice on tax and compliance.”

He adds: “SME’s are the lifeblood of Britain. Our members are highly trained and experienced, we enjoy helping and mentoring, and our practices are focused on small businesses.”

As one of the largest accounting communities in the UK, the Association works with over 350 accounting practices nationwide.

Since it was founded in early 2014, it has established strategic partnerships with a broad network of companies, including crowdfunding platform Crowdcube, alternative finance experts Capitalise and angel investing site Angel’s Den.

According to the Association’s latest survey, 39% of its clients have an annual turnover of less than £100,000 – which goes to show it’s never too soon to find a professional accountant to help grow your business.

What’s more, the Association’s work with Angels and crowdfunders means it can develop fundable business plans and use its network of contacts to help start-ups.

“Very few businesses have a business or even a cash flow forecast,” Steve explains. “Often they are too optimistic on sales and don’t have a contingency plan. It’s really important to make sure you have enough resources to get your business started.”

More than two thirds of Association business clients have an annual turnover below £500,000
More than two thirds of Association business clients have an annual turnover below £500,000

“Most entrepreneurs focus on sales and business development and don’t keep proper accounts,” he adds. “We have heard of shoe box accounting where at the end of the year the business owner goes to an accountant with a shoe box full of receipts. That’s no way to run a business and you can quickly lose control.”

“People turn to Bark every day to find skilled professionals to help them with everything from lawn mowing to legal representation,” says Bark cofounder Kai Feller. “We’re committed to finding the highest quality pros for our users, and this new partnership will make it even easier for us to help entrepreneurs throughout the UK find quality business accountants.”

To compare estimates from business accountants in your area – simply place a Bark using the link below and we’ll begin matching you with local pros right away.

Click here to find local business accountants today.

We’re partnering with the Association of UK Accountants to help British entrepreneurs grow their businesses