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Accountant or Business Partner?

By George Marcou


Most people are happy to live with the limitations of their accountant as the alternative is to get involved in a process that is time consuming, complicated and could land you with fines and a visit from the tax man if it is not done properly.


Are business owners doing themselves justice by just being happy if their accountant meets the minimum standards for tax compliance?


What about the advice that should come from engaging a highly qualified professional?


This advice can mean the difference between the success of you business and insolvency. After all, your accountant should be an expert in business management.


Does your accountant look at your accounts and provide advice on running your business more efficiently? If not, why not?


Should your accountant be looking at which of your expenses are tax-deductible?


Why are so few accountants actively engaged in helping their clients to grow a stronger business?

 


If 98% of new businesses fail within their first 2 years and they all have accountants, why are we not questioning how effective those accountants are?


Are so many accountants happy for their clients businesses to fail because they also have an insolvency practice that makes a big fee when you go bust?


The surprising statistic in this situation is the high level of customer satisfaction that these accountancy practices get from insolvent businesses.


Are we simply reconciled to expect very little from our accountants in return for their fees?

 

 

Other Important questions for business owners:-


How would you choose your ideal accountancy service?


Are You Tired Of Your Accountant Giving Away Your Money To The Taxman? What about minimising tax?
Basic compliance or proactive consultation? What do you really need from your accountant in order to survive?

 


A Few Last Thoughts...
A Good Accountant Should Help You to Make More Money.


The Old Saying Of The More You Pay Your Accountant, The less You Pay The Tax Man Isn’t Necessarily True Anymore.
You can pay less for both.

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