Questions You Should Ask When Choosing an Accountant
Many entrepreneurs who launch their own small businesses start out wearing many hats: CEO, salesperson, marketing manager, and accountant (to name a few). There are plenty of reasons to keep your team lean when starting a new venture, but there inevitably comes a point when it’s time to hire professionals in these areas. Not only will your organization benefit from their guidance and expertise, you’ll also be able to free up more of your time to focus on what’s really important: growing your business.
But how do you pick the right person for the job? When it comes to choosing an accountant, there are a few questions you should ask before making a decision.
- What kind of small business experience do they have? Accounting is about more than just putting numbers in the right boxes. You need an accountant who understands the challenges of entrepreneurship and will take the time to understand your goals. At the end of the day, you want someone who will act as a trusted advisor, a steward of compliance, and a partner in your success.
- What services do they offer? You may start out only needing help with your bookkeeping, but as your company grows so too will your accounting and financial analysis needs. Find an accountant who offers a range of offerings – from tax prep to consulting and controlling services – so you don’t have to start the hiring process from scratch when your business needs evolve. In short: look for someone who can grow with your business.
- What fees do they charge? As with anything, quality costs money. That said, the advice and guidance of a good accountant will be well worth it in the long run, both in the value they bring to your business and the bottom line. You also don’t want someone who will nickel and dime you at every opportunity. Some accountants charge for every little phone call or email exchange. At Blue Sky, we don’t charge to chat. Have a quick question? Pop by our office or give us a call and we’ll be happy to help.
- Do you like them? Choosing the right accountant is a bit like dating; not everyone will be a perfect match and you may have to search a bit before finding “the one”. You don’t have to take your accountant out for dinner and a movie (although that might be nice), but you should make sure that they’re someone you can work alongside and trust.
Are you looking for a new accountant or small business coach? Give us a call here at Blue Sky to set up a meeting and let’s get to work on making your company a success: 289-466-5210.