Many people consider accounting to be simply mathematical in nature, black and white, a profit and loss conversation. And they consider accountants to be in the same genre, dull, cold, dull, uninteresting. However, accounting is much more about analytics, about predicting future outcomes for your business. It looks at all the financial pieces of a business and works with income, expenses, commissions, and liabilities to create a financial picture. An accountant uses this data to create strategies to improve profitability, manage expenses and estimate cash flow. And if you find the right accountant, you will find a partner for your business who can help you predict outcomes for your company’s fiscal health. You might even find someone with a sense of humor AND who can demystify taxes, payroll, and equipment amortization. Who wouldn’t want that in a business partner? In any partner?
Selecting an accountant is like selecting a partner for life. Fine someone who is patient, knowledgeable, dependable, and who is a good listener.