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don't leave your finance to chance and your business to potential failure! take the best decision by choosing the right accounting. uk small businesess threatened from big fines due to the new tax legislation coming out in april. this is why a rising number of small businesses are not making it. advertorial by by ruki saiyd - consumer editor last updated: {{dddd}}, {{mmmm}} {{dd}}, {{yyyy}}. being unable or poorly managing your accounting can lead to large fines or be fatal to your business…  (image: getty) it’s not your fault. and you’re not alone. when you start your own small business, you don’t put debits and credits at the top of your priorities. after all, keeping your records organized is not your pas*ion or your strong suit. nonetheless, ignoring management reporting leads to accounting problems that take you away from that pas*ion, away from doing what many small business owners in the uk don’t have accountants. instead, they take the risk of covering that area themselves or pay to for private accountants that can be very expensive, plus many of the individual accountatns are not prepared for the upcoming changes in managing your cashflow profitably, being prepared for unforeseen expenses and disasters, keeping on top of your expenses and knowing. many sme's don't have proper accounting due to lack of time or budget . being unable or poorly managing your accounting can lead to large fines or be fatal to your business…  in the wake of various small business accounting problems, many of entrepreneurs have said, “if i had only known how many accounting and government responsibilities there were, i may not have started a business after all.” and even despite knowing the existing issues, many small business owners don’t address them. why? “i planned to hire someone to take care of it, but i just haven’t gotten around to it yet.”. select the size of your business below to check if you are eligible for a fixed monthly fee accounting service: