Monday, January 15, 2018

What an accountant can do for bloggers, freelancers and small business owners

It's January and that means it's time for me to renew my business permit. It's no joke starting and maintaining a business in this country. It seems like the government hates businesses, what with all the hardships and documents and fees and taxes to pay every single month for as long as the business is up. It's also no joke closing a business here because to do so is quite expensive and such a painfully long drawn out process.

So yes, I sometimes regret starting a business but because my business has allowed me to work with huge brands like Smart and L'Oréal Paris, I really can't regret it. I didn't want to be small-time. I wanted the big guns and so I had to open a writing business. It's thriving and providing for my family so even though I hate all government transactions, I am willing to go through all the hoops required.

Unless, of course, someone else will do it for me!

Because I am always on the look out for things that will make my life easier, I have found that hiring professional accountants from a reputable company is the best way to make my businesswoman experience better. Emphasis on "professional" and "reputable" because I hired an accountant before and he was unreliable and I am still dealing with the mess he left. 

I'm so grateful for Pinnacle Sources Global Consultancy Inc. They are a team of qualified accountants who provide end-to-end business solutions for start-ups. They will handle everything from business registration, HR and recruitment to all the nitty-gritty of accounting services that streamline a business’ accounting tasks to help us reduce costs and maximize profits. Through a team of skilled Certified Public Accountants, Pinnacle Sources will not only keep track of expenses but help the business create and manage budgets, forecast future revenue and track the financial health of the business. 

For me, Pinnacle is more than a service. They are so kind and patient with me especially when I'm so stupid and just can't understand all the hows and whys of what the government requires. Even when I've lost my resolve and given in to despair, they encourage me. Even when I am so ashamed and say, "I don't have money now," they tell me what we can do. They are more than professional. They care.

If you're a business looking for accounting services, if you're just starting out and need a professional accountant to manage your bookkeeping and taxes, you must give Pinnacle Sources a call. You will not be disappointed. They will really take care of you. I think they're one of my best finds as a businesswoman. Because of them, I don't regret starting a business anymore. In fact, they've made me believe I'm doing a good job. Thanks, Pinnacle!

Anyway, if you're still hemming and hawing about hiring a professional accountant like Pinnacle Sources, let me share with you what they told me which convinced me to hire them:

A qualified team of accountants will not only keep your books in order; they can help your business save by offering cost-efficient spending solutions or even help your business earn by helping you make accurate financial forecasts.

Yet for businesses that are just starting out, it can be difficult to allocate time and resources for accounting personnel as you focus on getting your company off the ground. That is why for small to medium enterprises or new business owners, outsourcing is a viable solution to fulfilling your accounting needs. Here’s a closer look at the specific advantages outsourcing your accounting:

Financial Savings 
Money can be tight when your business is just starting out. By outsourcing your accounting, you can pay for the specific accounting services you require without incurring the additional cost of hiring an employee. This will help you save on expenses like benefits and insurance and also on work space, office furniture, computer and software that you may not be able to afford just yet. 

Outsourcing your accounting also gives you more flexibility in terms of scale. Whether you are looking to grow your business or suddenly have to cut back, you have a team who can help provide different plans and options to achieve your goals, which in-house accounting can’t provide. 

Time Savings 
Think of the weekly hours it will take to manage in-house accounting staff—taking away from the time you can spend on business. Outsourcing your business’s bookkeeping operations frees up valuable time that can be put into better use for the company, such as improving your operations, product or marketing. Entrepreneurs also don’t have to deal with the typical headaches involved with recruiting, hiring, retaining and overseeing staff because that’s what the outsource service provider will handle.

Expert Services 
Outsourcing gives you a great way to have full-time knowledge on your team without having to pay for it around the clock. By putting your books into the hands of highly skilled staff who understand the best practices, your job becomes a whole lot easier—and efficient. Accounting service providers also have to constantly hone their skills to keep up with the competition, ever increasing the quality of their work. This means when you go to an accounting service firm, you can trust that your accounting will be handled well. 

Access to top systems 
Outsourcing your accounting operations gives you more access to the top tools in the industry. Most businesses can’t afford to pay for the extremely expensive bookkeeping programs nor can they afford to spend the time keeping up with changing laws and regulations. By outsourcing, you’re essentially purchasing those tools and that knowledge by proxy. In addition, these top systems create nightly backups and keep organized records and books for years, ensuring that you will have access to reports and will always be ready should an audit be required. 

Contractual Obligation 
Accounting service providers face higher liability than in-house staff, which makes them less of a risk for your business—they’re more likely to follow through on their obligations because they have more to lose if they don’t. Furthermore, dealing with the contracts or agreements of outside providers can be much easier than dealing with the hiring negotiations, employee management and other human resources issues involved with employees.

One of the companies who offer outsourced accounting services is Pinnacle Sources 
“Accounting is something that every business needs whether it is small or large. When you outsource your accounting services to us, you are assured of a team of Certified Public accountants that will help you make better financial decisions that will grow your business,” said Pinnacle Sources’ Managing Director Christine Li.

To find out more about Pinnacle Sources and their services, visit their website, or their office at 32/F BPI-Philam Bldg, Ayala Ave., Makati. You can also send them an email: 


  1. Thank you for sharing your Pinnacle experience with us, Miss Frances! <3 very informative especially to those who wants to put up their business for the first time. :(

  2. ako mommy, want ko mag stay at home nalang and look for business na hindi nako lalabas pa, like selling online, but still working on pa on how to do that

  3. I don't use lipstick. I don't wear make up at all but I have been thinking of starting to use lipstick regularly. I'll check these out! Thanks! :)

  4. Buti nalang may mga competent at reliable na tao na pwedeng gawin mas madali para sa atin i manage ang finances at iba pa. Less stress, less hassle. We can focus on doing the other things that we must do. By the way, i am @jeylo_eighteen on IG.


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