Passion for the arts: Why we’re devoted creative industry accountants 

London based creative accountants

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As accountants specialising in the creative industry, we frequently encounter questions about why we choose to focus on creatives. Some may wonder if this limits our potential work opportunities, considering that creative industries can be financially challenging to manage. While it’s true that our specialisation narrows our scope to some extent, we view this as reflective of our clients’ mindset—a focus on quality over quantity. 

Like how creatives strive to produce the best work within their field, we, too, aim to deliver our very best for them. This pursuit keeps us sharp and motivated, pushing us to excel so that our clients can unleash their full creative potential. After all, who wouldn’t want to witness extraordinary creative endeavours? 

Why does a creative sector business need an accountant? 

Our true passion lies in the work we do—a phrase that many yearn for, but few actually achieve in life. 

All too often, people seeking to turn their passion into a sustainable income fall short of their goals. This usually happens because they lack the right guidance to lead them toward success. At our firm, we take pride in preventing this disappointment. 

Now, we won’t boast about being infallible purveyors of success, offering tips like they’re going out of style. However, what we can provide is practical, real-world advice on how creatives can optimise their finances. Whether it’s setting up a new venture from scratch or pricing their unique offerings, we’re here to assist. 

The reward for our work? Witnessing people pursue their life’s passion and watching it spread to others around them—customers, stakeholders, and loved ones alike. It creates genuine happiness, which, as we all know, is remarkably contagious.  

When we help creatives turn their passion into a full-time pursuit, it fills us with a profound sense of joy and accomplishment. 

No matter if you are a freelance graphic designer, an owner-manager of a creative limited company, or part of an architect partnership, there are substantial benefits to be gained from employing the services of an accountant. 

Helping creatives take their business to the next level 

As we mentioned earlier, many people attempting to sustain their endearing creative spark through a livelihood often face rejection. We take pride in offering a platform that assists businesses in taking that crucial next step. 

You might wonder, “An accountant for my creative business? Surely not…” 

However, by providing solid financial guidance from the outset, we can help creative companies transition from ambitious startups to fully-fledged, successful businesses. Being a part of this transformative journey is truly fulfilling. As you grow, so do we. It’s akin to becoming an extra branch within your existing business—a collaborative effort that brings us immense joy. 

What are the benefits of hiring a creative industry accountant specialist? 

The biggest benefit of working with accountants who understand your business is the ease of establishing a strong working relationship. No need to explain every expense, payment terms, or the nature of your work – a shared understanding exists from the start. 

Moreover, reliable accountants won’t burden you with confusing jargon. At Green and Peter chartered accountants, we believe in simplifying things for our creative clients, allowing them more headspace to focus on their craft while we handle the financial aspects. 

In a more general sense, professional accountants can benefit small businesses in various ways:  

  • Increased profitability – Accountants excel at identifying inefficiencies and ensuring you stay on budget. They also make sure you capitalise on all available tax reliefs, actively boosting your profitability. 
  • More time for your business – Hiring an accountant alleviates a significant burden, freeing up hours of your professional life to focus on what you love most, knowing your accounts are in capable hands. 
  • Avoid costly mistakes – Your accountancy team will keep you compliant with HMRC obligations, preventing fines and penalties. 

Having a trusted accountant who comprehends your business can be a game-changer, providing you with valuable support and peace of mind. 

Accountants are creatives too  

We understand your scepticism: Accountants and creativity seem like an odd combination. 

However, we assure you that we are dead serious about our approach. In fact, the way we operate is more akin to an agency than a traditional accountancy firm. This unique approach allows us to connect with our creative clients on a deeper level. 

We recognise that you seek accountants who take initiative and offer transparency. While you may not want to spend all day staring at spreadsheets, you still want to play a significant role in shaping your finances. That’s why we not only function as accountants but also as business guides, empowering you to have a central say in financial matters. 

Besides, let’s not forget that working with numbers doesn’t make us anti-creative. Think about musicians, Renaissance painters, or video game producers—professions heavily influenced by the numerical world, yet their undeniable success stems from their creative minds.  

If you’re on the lookout for accountants specialised in the creative industries, don’t hesitate to contact us here. We’d be thrilled to hear from you and embark on a journey of financial creativity together. 

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