You’ve set up your business and are (or should be!) an expert in that product or service. But it’s unlikely you are an expert in finance and accounting. Failing to get help from an accountant from the outset could lead to lost sales, inefficiency, higher than expect tax bills – and a whole load of unnecessary stress.
The best way to find a good accountant is to ask for recommendations from business owners / advisers you trust. Arrange to meet with several of them to make sure that you feel you can trust them. Go with the one that understands your vision and is someone you can envisage working well with.
A good accountant will start by listening to what you want to achieve and then clearly explain, in language you understand, what you need and how to get there. He or she should be understanding and a good communicator and not only provide you with regular reports but proactively look for ways to enhance your business. This could be suggesting new technologies to improve your business systems, funding opportunities or offer cross-referrals putting you in touch with their other clients.
Above all, a great accountant should display integrity, professionalism and the desire to help make your company thrive.
An accountant is an integral part of your team. So, make sure you get a good one and don’t let them go.
If you have an accountant, they should be your first stop for business advice. If you don’t have an accountant or they can’t help, BuBul has a wide range of experts available. For more business advice get in touch with our expert* Neil on LinkedIn?
*We’ve picked experts we know and trust who are good at what they do. All of them will give you at least an extra 30 minutes free advice if you contact them and would then charge their normal prices. They don’t pay to be on BuBul and don’t give us any money from anything they earn as an expert.