Whether you’re just getting your business off the ground or your company is taking off, your success depends on having an accurate understanding of your finances. A good business accountant will not only take the stress and confusion out of running your enterprise, but they could also streamline your operations, potentially saving you thousands of dollars in the long run. Below is a quick guide for finding the right accountant for your needs.
An Accountant-Hiring Checklist
1. Identify Your Needs
Most accountants provide a wide range of services, from simple tax return preparation to full-scale financial strategy creation. Do you want someone to help with day-to-day bookkeeping or generating your quarterly reports? Knowing exactly what you need will help narrow down your options and select an accountant that’s right for you.
2. Collect Some References
Referrals are the best way to find a good business accounting firm, so ask colleagues, your attorney, or other financial professionals if they can recommend a trusted professional. Online review sites can also point you toward the best accounting firms in your area and give you an idea of the level of service they provide.
3. Meet With Several Accounting Firms
Hiring an accountant means trusting someone with the financial health of your business. Before selecting a provider, meet with at least three different accounting firms, and don’t be afraid to ask some important questions. While there are a lot of factors at play, you’re looking for someone with extensive experience working with small businesses in your industry.
4. Get It in Writing
Once you’ve settled on an accountant, they’ll draft a written contract detailing what services they’ll provide, how much you’ll be charged, and the duration of the agreement. Once you have an agreement in writing, you’ll be ready to turn over the finances to an expert so you can concentrate on growing your business.
No matter what industry you’re in, the accountants at Tostrud & Temp, S.C. have the expertise and range of services to help you succeed. They have over 35 years of experience working with businesses throughout La Crosse, WI, assisting with everything from tax preparation and cash flow management to compliance issues and payroll. Visit their website now for an overview of their business services, follow them on Facebook for more financial tips and advice, or call (608) 784-8060 to speak with an experienced accountant today.