Let’s face it, if you’re a business owner one of the best skills you can learn to do is delegate. It can be hard at first, because your business is you baby. The sooner you learn to trust in the skill set and expertise of others the faster you can potentially grow your business.
We’ve got 3 tips for you as a business owner on how to get the most out of your accountant. Are you utilising your accountants to grow your business? Do you know what services Aspect Accountants and Advisors offer?
Check out our 3 tips on how to get the most out of your accountant below.
- When it comes to your finances, recognise what you are efficient in and then leave the rest to the experts.
Owning a business is understanding that time is money. What may take you several hours of googling could take accountants less than half the time. No matter what stage of business you are at, make sure you recognise your strengths and limitations.
- Get organised, save time and money.
You have probably heard this one a million times, but the more organised you are with your finances, the easier it will be for your accountant to get the best results. Do you have a good book keeper? Are they maintaining your financial records in the best way for your accountant? Does your accountant have a recommended book keeper?
When it comes to accounting a lot of time can be wasted going back and forth on email with clients to obtain the sensitive information they need to do their job. Another cause for delay is when a client unintentionally does not provide the correct information and the job must be revisited.
To avoid these delays, try:
- asking your accountant for a checklist of things they need
- reply to your accountant in a timely manner
- ask your accountant for a book keeper recommendation
- ask your accountant for advice when it comes to organising your monthly reports and finances
- Do you have a business plan? Have you shared this with your accountant?
If you have a business plan great! No matter what stage of business you are at it is always important to look back at your business plan and assess where you want to take your business. Does your accountant offer business coaching?
At Aspect Accountants and Advisors, we offer Business Consulting and Coaching. Our business coaching skills offer guidance and support for your business to help improve your business performance.