7 Things to Consider Before Choosing an Accountant for Your Small Business

Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this...

One of the smartest things you can do as a small business owner is choosing an accountant for your business.

It goes without saying that, if you don’t have a strong financial background or know much about accounting, you shouldn’t be doing your own accounting.

There are just too many problems that can arise from that attempt—both financial and legal. You don’t want to get audited by your tax authority for making simple mistakes.

So when you finally decide to get an accountant, now you have another problem: how do you choose which one is the best?

That’s why today we’ll show you the 7 most important things to consider before you choose an accountant for your small business.

But before we get there, first you need to decide for yourself the answer to these questions:

• What exactly do you want from the accountant?
• Do you need a specialist or will a general accountant work for your business?
• Is your company domestic or international?
• Are you required to provide financial statements to another company?
• Do you need an accountant to produce annual accounts, or do you also want management accounts?

By answering these questions first, about what it really is you want and expect from an accountant, you can have more success with your accountant.

#1 Time in business

Although it may seem at the same time unfair and practical, the number of years that an accountant has been in business can mean success or failure.

If an accountant has a lot of experience working with small businesses and understands the unique challenges, then that’s exactly who you want. 

Looks like really useful info, eh? Just click here! If you’d like to share perspectives or discuss how it relates to your business, call me on (0429) 011-071 or email me at [email protected].

To your success,

Ian