MIV Catch Up - Pringle Accountants

Ruth Pringle, founder of Pringle Accountants, joined us on Twitter for #MIVReveals on Wednesday 28th June 2017 at 3pm.

Pringle Accountants is a small Rochdale based Chartered Accountancy firm specialising in start-up and micro businesses.  Ruth has over 15 years’ experience in the accountancy profession and has worked with a diverse range of businesses from sole trader startups to multinational conglomerates, providing a wide range of accounting functions.

 

@pringleaccounts Thanks for joining us today Ruth Pringle, could you explain to us what it is you do? #MIVReveals

I support small businesses, mainly with finances but also on a wider scale within my local community.  #MIVReveals

@pringleaccounts Can you tell us a little more about your background and what inspired you to set up Pringle Accountants? #MIVReveals

Initially I was a bit of a reluctant entrepreneur and started my business out of necessity for flexibility for my young family.  But I’ve discovered a real passion for what I do.  I love being able to empower other business owners struggling with tax and finances so they can successfully run their business. #MIVReveals

@pringleaccounts As a #startup business were there any particular difficulties that you encountered and how were these overcome? #MIVReveals

The biggest issue as a startup is the skills gap – it’s terrifying when you first realise how much you don’t know.  I took advantage of free local business support and got involved with loads of small business groups.  Of course if I was setting up now, I’d have been talking to @Myincventures. #MIVReveals

@pringleaccounts What is your involvement with @rochdalejelly and how can this help #smallbusiness? #MIVReveals

@RochdaleJelly is a #coworking group meeting every month at @CockaDoodleMooo in Rochdale.  A bit like networking but without the sales pitches and people are generous with valuable advice.  It’s a chance to get together with other businesses and share the joys and frustrations of running a business.  #MIVReveals

@pringleaccounts What kind of #business support, financial and #mentoring, have you received? #MIVReveals

I got some amazing support from @BlueOrchidUK when I first started although sadly that’s no longer available in my area.  My main source of support now is an amazing network of other small business owners who, between them, seem to know everything! #MIVReveals

@pringleaccounts So what makes your company unique – what differentiates you from your #competitors? #MIVReveals

Ridiculous as it sounds, I am what makes my business unique.  I’m proud of the relationships I have with my clients and how we work together on their businesses. #MIVReveals

@pringleaccounts What should a #startup #business consider when looking for an accountant? #MIVReveals

Most importantly you’ve got to get on with your accountant because you need to work together, so find someone you like.  Look for firms registered with a professional body to give you more protection if things go wrong.  You can usually get a feel for a firm by researching them and decide if they’re a good fit.  A lot of accountants will offer a free initial meeting, so meet them and see if they're someone you could work with.  #MIVReveals

@pringleaccounts What motivates you to come into work every day? #MIVReveals

Empowering my clients to run their businesses and standing in the gap with the taxman! Having the ability to take away the fear is amazing. #MIVReveals

@pringleaccounts What does the future hold for you? Anything exciting we should keep a look out for? #MIVReveals

I’m currently involved in the @RdaleSmallBiz initiative and we have some ambitious plans for @SmallBizSatUK this year.  Look out for the @RdaleBizShow and the #Rochdale30 coming up later in the year.  #MIVReveals

@pringleaccounts Finally, what advice would you give to other #entrepreneurs looking to set up their own #business? #MIVReveals

Definitely find yourself a good support network of other small businesses and business advisors.  There are loads of hurdles but plenty of people have found solutions to the same problems.  Invest in good advice right from the beginning to get your business off to the best start.  Starting a business can feel so isolating, but there are plenty of us out there who can all offer the benefit of our experience. #MIVReveals

 

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