You probably brought in an accountant to help with your business operations and financials. This makes sense because you have a ton on your plate as an owner or executive, but…
What if your out-of-state or in-house accountant isn’t cutting it?
What if your accountant doesn’t save you time, money, or energy?
What if your accountant is costing you more than the value of service they deliver?
It’s no surprise that amateur accountants take you for granted because you’re a growing business with a ton of potential, but….
It’s time you consider switching to a new accountant.
Most owners and executives stay with an accountant for about 12 months. That’s one year of time to see the benefits of an accountant in your corner.
But, not all accountants can be a good fit for you. In one way or another, you may have outgrown them.
If your books are a mess or you’re behind on taxes, your risk of failure, bankruptcy, and closing your company’s doors skyrockets.
Let me, Top Rated® Expert Accountant, rescue your financials and bring your books current – the very first time. No need to hide your financials and try to trick the IRS. Call me, now!
7 Reasons to Switch to an Outsourced Accounting Department
Here are the seven signs you need to switch to a new accountant:
#1. You’ve outgrown your accountant
If your operation is growing, then you will eventually outgrow your existing accountant. It’s a simple fact. Why? Most accountants don’t work outside of a specific range of annual revenue or operation size. They “stay in their lane,” where growth stagnates and puts your financials at risk. If you’ve outgrown your accountant, it’s time to switch.
#2. Your accountant does not communicate with you
Communication, it’s the lifeblood of any owner/executive-accountant relationship. If your accountant has reduced or stopped communicating with you altogether, it’s time to switch to a new provider. Without financial knowledge or awareness, you’re unable to make informed decisions to grow your business or company.
#3. Your accountant doesn’t know your industry
You may have signed on an accountant who can work in ALL industries. You probably took their word for it because accounting is accounting, right? WRONG! Accounting is the skill set. The application per industry does change. How accounting applies in each industry changes. If your accountant doesn’t have experience in your industry, it’s time to switch.
#4. Your accountant’s rate surprised you each month
If you’re surprised at your accountant’s rate for service, then it’s a signal you’re not ready for them OR you’re paying too much. An accountant is an investment, not an expense. So, your accountant needs to deliver a clear ROI for your business in either time, energy, money, or all three. If not, switch.
#5. Your accountant’s advice doesn’t work
Your accountant is supposed to be keen on your financials, but if you can find better advice on Google or through another source, your accountant may not be the best fit. Your accountant can’t know everything, but they should be able to help you solve problems, position your financials, and grow your revenue with you. If you have to fact-check them or cannot trust that their advice is solid, switch.
#6. Your accountant has you pay too much in taxes
There are two guarantees in life. Death and taxes. One of those guarantees you can reduce your obligation to be a part of. If your accountant is not doing the maximum to reduce your tax obligation, it’s time to switch. One huge benefit of having an accountant is to reduce your payout each year. If you’re paying too much in taxes, then it’s time to court another accountant.
#7. Your accountant is reactive and volatile
If you ask for a report on financials and your accountant snaps at you, then it’s time to switch. A reactive, volatile accountant is a huge red flag that something is wrong. Your accountant’s job is to deliver spot-on, accurate reports when you request them, not fend you off when you come looking for answers to financial questions. If your accountant tries to keep your financials from you, switch.
Do any of these scenarios remind you of your accountant? It’s time to switch.
How Do I Outsource My Accounting for a Third of the Cost?
You may have a bad accountant managing your finances.
If you want an accountant in your corner to help you save money, find new money, and keep the IRS off your back, then let me manage your financial standings, reports, and forecasting for a third of the cost.
I deliver spot-on, accurate reports weekly, monthly, quarterly, or whenever you like.
I reconcile and bring books current – the first time, so you can work on growing your company instead of struggling inside of it.
I forecast your financial future so you can grow your company toward financial success. And, my in-house CPA can prepare and file your taxes.