New online accounting system for freelancers and small companies
A new online accounting system has been launched, which enables freelancers and other small companies to manage their entire accounts, invoicing and expenses online.
The new system, at Crunch.co.uk, was launched by Brighton-based entrepreneur Darren Fell, who also recently set up advice site Freelance Advisor.
Having sold his previous email marketing business last year, he has been working on the new project with a dedicated team of technology and accounting experts for the last 18 months.
After going through an initial business 'healthcheck' by one of Crunch.co.uk's accountancy team when they join, small company owners may find that they are better off by working via a limited company rather than as sole traders. According to Fell, by switching to the limited liability structure, users save between £2000 and £4000 per year on average in taxes.
Small companies who are watching their costs as the recession continues are far more price sensitive than ever - something Darren Fell has been very aware of:
“Our research has shown that freelancers’ accounts cost well over £1,000 per year, while we will do the same thing and more for £59.50 per month.
“This seamless integration of software and human has not been done before - with ongoing advice and support available as part of the online package, Crunch.co.uk offers the most cost-effective and unique accountancy service for freelancers, contractors and one person businesses.”
The firm is clearly living a the cutting edge of technology - they even have plans to release an iPhone accountancy application for its clients!
Bytestart readers can find out more about the new accountancy service via our dedicated page on the Crunch website.
You might also be interested in our top tips for choosing a small business accountant.
Posted June 26, 2009
- Comprehensive, expert contractor accountancy service for £95/month with no hidden extras - try Clarity Contracting, Chartered Accountants.
