This should be the number one reason that you hire an accountant / finance manager for your business.
We offer diverse expertise
If you look in the medical field for example, we all know that you get different kinds of doctors and other medical professionals. For clients outside our field, most accountants or bookkeepers do the same job. But when you delve into the accounting sphere, you see that you get various expertise that you can call on.
Some are experts in data analysis, some in receipt collections and management, some do really well in cash management and other do process planning. And these are only a few areas to name. With the move to outsourced accounting functions, it is easy to get lost in the compliance side, as this is the standard offering of all firms.
Compliance alone won’t change the future
Compliance alone is not going to change the future of your business.
Compliance is not going to have a direct effect on your life, other than – you will sleep easier knowing you are up to date.
To move your company forward, you have to make conscious decisions to make changes and improvements to system optimisation, to cash management and to pricing.
Finance Manager – Not only for big business
In the accounting field, the hiring of a financial manager for your business will give you this move. We draw on our years of experience to bring all these items together to use as a base in your business. A good business accountant is always going to ask you “out the box” questions. They will discuss proactive plans and give you proactive reporting that gives you true insight into your business.
The broken bicycle
As I mentioned above it is possible to get lost in the day-to-day grind of the business.
A business colleague gave me a great example – it is possible to ride a bicycle with a square or flat tyre, but once you get off, analyse the situation, spend the time implementing changes, then you can hop back on the bike with its pumped up tyre – and Reaching your future goals then becomes easier.
As we come back from our holidays breaks – you probably have some thoughts around what is working and what areas you could concentrate on to make your business more profitable. Now is the time to discuss how you can implement these in the your business.
Build a team
It is important to see that any Finance professional is there to be part of your team, they draw on your expertise in the business, as you would draw on their financial experience.
Never feel intimidated reaching out to an accountant. Accountants with passion for our field are always looking to advise in business and help clients. We will always talk your language and meet you where you are in business. If this is not your experience, consider making a change.
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