MKMs s.r.o. provides comprehensive services to entrepreneurs with the credo: "Do the business, we do the numbers." That's why we talked to its managing director Katarína Malíková about why to entrust accounting to an external firm.
Is accounting an important part of business?
- Business is a complex of several activities, the services of which need to be provided in a high-quality manner. Among the basic ones are well-executed marketing, logistics, warehouses, claims, well-trained salespeople, or an optimized e-shop. These basic activities are necessary to establish a good name in the market and generate profit. Perhaps outwardly, the non-essential activities include accounting and related services, although it is an activity that is in the background and its work is not always visible.
How to cover accounting?
- That is the question of anyone starting a business. Do you deal with the bookkeeping personally? When will I be able to keep up with that, be able to focus on the business and generate a profit? We are one of the countries where there are frequent changes in legislation and accounting regulations. Leaving the bookkeeping to a "friend" who will do it for you for a few euros, without being responsible for keeping and processing it, is nowadays a gamble with your own company. There is also the option of having the bookkeeping done by an in-house employee. Here you need to beware of frequent posting of employees for costly training and turnover.
What do you think is the best solution for companies or sole traders?
- Outsourcing is one of the most frequently used methods of bookkeeping - entrusting the bookkeeping to a professional external company and not worrying about anything. The main advantages include zero costs for accounting software and employee training, liability insurance in case of damage caused during bookkeeping, personal approach to each client, professional advice and expertise of the services offered.
But how do you choose the right bookkeeping company?
- When choosing a company to take care of your bookkeeping, you need to be careful. It is not always the case that a large accountancy firm will take better care of me. It's always about the owner, the manager and most importantly the accountant who is in charge of your company. If you are looking for a reliable partner to entrust your accounting to, MKMs Ltd is here for you. We have a wealth of experience in this field and are ready to take over your entire agenda.