30/06/2022
WHO ADDS VALUE TO YOUR BUSINESS ?
This busy time of year would be a great time to showcase all the benefits of outsourcing your bookkeeping and BAS requirements to 2plus2 Bookkeeping…BUT, instead, I’d like to toot someone else’s horn - ACCOUNTANTS.
Yep, Accountants: they are one of the most under-utilised professional service providers; yet can be one of your best business assets.
A recent report found that most people would seek tax advice from family and friends around the dinner table before they would go to an Accountant !!
Why are some people reluctant to seek professional advice for their business?
• They perceive it as too costly;
• They are unsure of the value of the service, and;
• They think it means they have to give up control of their financial decisions.
Value is a complicated concept, but to simplify the issue – you only get out what you’re willing to put in. If you’re only putting in the minimum amount of communication and trust, your accountant cannot maximise the benefits for you. If you don’t consult with your accountant as a trusted advisor, then they can’t give you value beyond a yearly tax return.
For most small business owners, having to think about the timing of when is best to buy that new work vehicle, upgrade equipment, diversify and put on new staff – all whilst battling inflation, petrol prices, electricity hikes and rising wages – can be overwhelming and stressful.
If you’re willing to invest the time and resources into building a relationship with your Accountant, then they will return your investment to you doubled, tripled or tenfold - you can't expect that with a once-a-year quick visit.
So, if you don’t already have an amazing Accountant in your corner; one who wants to see you reach your goals, one who really cares about your business, one who knows all the tricks to save you money, then please reach out to me. I work closely with a few amazing Accountants and see first-hand how the great ones can improve a business’s financial position, so I will happily refer you one that suits you and your business – honestly, IT WILL BE ONE OF THE BEST BUSINESS DECISIONS YOU MAKE.
Any unsung heroes in your business that you would like to give a shout-out to?