Choosing the right accountant for your small business can mean the difference between success and failure. After all, it’s your financial numbers that make or break your business!
Surprisingly, many business owners don't thoroughly consider their needs when selecting an accountant. That’s because many people who don’t have a strong accounting background view all accountants as being equal.
But the reality is that all small business accountants are not created equal.
What do business accountants do anyway?
The increasing role of small business in the American business landscape and more powerful and accessible information technology has changed the role and importance of the small business accountant.
Some small businesses make due with a bookkeeper – someone to perform the tedious task of recording financial information and cranking that data into the necessary formats, like profit and loss statements, balance sheets, and statements of cash flow. A good business accountant, however, does much more than just record transactions and passively generate documents—they actively analyze, interpret and convert that data into actionable business intelligence.
Based on where you want to go with your business, they should be able to tell you how to get there. If your accountant is just showing you the financial tracks of where you have been, you’ve made a bad choice and you’re missing out on a great opportunity to receive good business advice.
At Portland Accountant and Bookkeeper, our goal is to make sure that your company has the very best business accountant available.
We look forward to hearing from you (503) 764-1383.