There are some business owners who think that accountants can be difficult people to deal with. While we can’t comment on every accountant, we can say that “Yes we may nag, but it is for good reason!”
A good accountant wants nothing more to help you grow and become more competitive – they just need to have certain things in a timely manner to help you be fully compliant while they do so.
To get the most out of your accountant (that is, to maximise their value), here are a few things that you can do.
Accountants are much more than just ‘number crunchers’ – they are like a business partner – someone who can offer valuable insight and help you make the best business decisions.
At the end of the day, your accountant is simply trying to make your life easier – so rather than treating them as someone who simply crunches numbers and files your taxes, start seeing them as an invaluable business resource.
There are a few things worth noting when it comes to choosing an accountant, with one of the first ones being: are they a good match for your business?
For instance, if your business has a team of 2-10, you would be better off working with an accountant who specialises in small to medium-businesses rather than someone who specialises in startups or enterprises. As well as choosing someone who can grow with you, you will also need to make sure that you work well together.
An experienced accountant is someone who can actually aid and assist you in many areas of your business. Therefore, what you want to do from day one is to set out a framework or guidelines on how exactly you want them to assist you.
For example, you might agree on things like when/if they should help you make key business decisions, manage your budget, offer insights on how to save money, or advise on business compliance matters, etc. You get the idea.
When these expectations are clearly set out, communication between you and your accountant will be prompt and to the point, with a clear goal in mind.
Contact us now to learn more about how we can help.