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These are just some of the way’s accountants can work with small business owners. You can opt to hire an accountant for all of your financial activity, or you can choose a combined and packaged  approach that limits an entrepreneur hands-on activity, reducing the expense. For example, you can hire an accountant during the start-up or small business phase or with setup already exist and have handle your annual reporting as well as , but work with a book keeper to manage your books on a regular basis with following all related compliance like applying accounting standard. A book keeper and an accountant can form a very efficient accounting team for your small business or the start-up.