Why Isn't Your Business Growing? It's Boom Times and It Should Be!
Miami has one of the highest rates of new business startups in the country. It also has one of the worst records for growing those businesses. Why?
A lot of articles have blamed a lack of infrastructure for business startups in Miami. But, it seems Miami has more infrastructure to help businesses than all but a very few mega cities. What's the mismatch?
Many things enter in, but one key factor is the hesitancy of many South Florida business owners to take advantage of all the skilled professional help that is readily available.
It isn't possible for anyone to be an expert (or even "adequate") in everything. The key to business growth is leveraging the ideas and help of others, not working harder yourself. This seems to be a simple idea, but it can be hard to grasp for someone who has been working for others. Building a business is not the same as working for a paycheck. Hard work is important, but for most businesses, it isn't the biggest factor in success. As often said: you need to work smarter, not harder.
In an era of everything is available on the web - why not just google it and then do it yourself? Maybe that works to find someone to repair your car, but it isn't the way to build a successful and growing business.
Every business is unique, it has its own goals and objectives and ... likewise, its own problems and solutions. You can't just grab something from here and something from there, stick them together and hope they will work. All the parts need to fit together, and what's appropriate for one business, or even the same business at different points in time, will not only vary but could be radically different.
How's the business owner who wants to grow going to get distilled information that is specific to their business (not 105,000 hits on Google)? Simple ... speak with professionals in the various fields your business is going to need to be successful. Whether that's real estate, marketing, law, human resources, accounting, or the many other fields where thousands of local people already have the experience your business needs. Why not take advantage of it? There's one area you can't avoid in business and that's money. In the end, a business has to generate enough resources to not only compete successfully today and provide a return to the owner, but also finance future growth.
An experienced, business-oriented CPA can provide the guidance every growing business needs in the area of accounting and finance. They may also help you coordinate with other professionals so efforts aren't duplicated and money wasted. South Florida provides the small business owner a huge choice of competent and professional CPAs. From sole practitioners to branches of some of the largest firms in the world - every level of service is available here - you just need to ask.
Is it time for your firm to make a CPA a member of your growth team? Now is a good time to make that decision.
Kulzick Consulting, PA can provide reliable, trusted and professional CPA backing for your small business. Check our web site for more information - https://yoursmallbusinesscpa.com - Kulzick Consulting, PA -- Tax ● Accounting ● Consulting
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