With one of the big four accountancy firms pulling out of the small business sector, Chris Wallace, Managing Director, Visionary Accountants, St Albans considers the benefits of getting local financial advice.
Last week KPMG confirmed that after just four years offering accountancy services to the small business sector they plan to close this business. The service offered cloud-based bookkeeping to small businesses and was launched in 2015. Back then KPMG said it would ‘disrupt and dominate the SME market.’ KPMG spoke to Accounting Web and confirmed the closure last week saying it had written to clients and recommended they ‘make alternative arrangements.’
Chris Wallace, Managing Director and Chartered Management Accountant at Visionary Accountants in St Albans, Hertfordshire, said:
‘I am not surprised that KPMG has decided to close their small business accounting venture as we have found that clients do not like working remotely with their accountant. At Visionary Accountants we have found that when local SME’s are looking for a bookkeeper, an accountant, tax planning advice or an accountant who can work with them to provide strategic business advice they value using a local company. Visionary Accountants prides itself on always building good relationships with our clients and working alongside them to offer the most appropriate financial advice. We are always available to meet clients and the personal service we offer is valued by our clients. We are a small highly experienced team of Management and Tax Accountants and our clients know and trust the members of the Visionary Accountants team. We have just celebrated our tenth anniversary so we have worked with many of our clients for several years now and we understand how their business works and our team is well placed to support their growth.’
‘We offer smart digital solutions for all businesses. We support several accountancy packages and we are in an excellent position to determine which accountancy solution will work best for any business. Visionary Accountants has both Xero champion status and is a recognised Quickbooks Pro-Adviser.’
Visionary Accountants is always on hand to offer you the financial advice and support you need to grow a successful business. We work with clients across Hertfordshire and London in St Albans, Harpenden, Welwyn, Hemel Hempstead and Watford. Changing accountant is easy as we communicate with your existing accountant so your software data is simply transferred. If you have been affected by the KPMG closure or your business is interested in reviewing its accountancy options please contact our accountancy team on 01727 730550. We offer a free initial consultation to discuss your accountancy requirements.