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How to work well with an Accountant

How to work well with an Accountant

I want to provide 5 easy ways to get along with your accountant. Rather you have one yet or not, this will still benefit you. A business owner and accountant are entering into a business partnership. This will be one of the most important business relationship you commit to. So it is very important that the relationship is set up successfully. So here are a few things you, the business owner can do to make sure this happens.

1.) Have a separate business account

Can your business produce financial statements?

Can your business produce financial statements?

If you are in business and you cannot produce at least a monthly financial statement for your business you are not managing your business properly. Now I know we all do the best we can do. I know some of us can only afford keeping track of your expenses and income via an excel sheet. This is OK when starting out or if you cannot afford on going bookkeeping payments.

However,

as your business grows,

5 reasons you need a bookkeeper

5 reasons you need a bookkeeper

Many people think it is cheaper to start a business without a bookkeeper. To be honest the cost is the same. Especially if you will need them to backdate you records. A bookkeeper is one of the most important business partnership you will have. Make sure that it is one of the first thing you budget into your startup cost for your business. Even if you reach out for a simple consult, there are things you need to know and do to make sure your financial records stay in compliance with your state and the IRS. I have listed 5 reasons you will need a bookkeeper in hopes to help you understand the importance of this partnership.