As a small business owner, your accountant should be more than just a number cruncher – they should be a key weapon in your business arsenal. Too often, accountants are seen as a mere financial formality for filing accounts and tax returns. But they can and should be a secret weapon to turbocharge your business growth.
At our firm, we don’t just produce accounts 9 months after year-end to meet filing deadlines. Our mission is to help you build a scoreboard to track performance, identify opportunities, and Engineer profitable growth. But are you fully utilising your accountant’s skillset to propel your business?
Do you actually know the full range of services your accountant provides?
Or are you just assuming a limited set based on outdated stereotypes? We make it a point to regularly review and communicate all the services we offer to add value. But it’s a two-way street – have you clearly defined and documented which services are included in your fixed fee agreement? Without this clarity, you could be missing out on massive opportunities.
Don't just cut services to the legal bare minimum
Invest in support services that will help your business not just survive, but thrive. Sure, your accountant should excellently handle year-end accounts, tax, payroll, and company secretarial work. But do you know the optional extras they may offer?
For example, we frequently provide financial advice either in-house or through specialist partners. We can coach you through board meetings and mentor you on key business skills. We analyse your credit profile and ratings. We advise on tax-efficient exit planning strategies down the road. We implement and train you on software like Xero to streamline your operations (shockingly, only 32% of Xero users fully utilise the bank feed functionality!).
The key is having an open, supportive relationship...
where you feel comfortable asking questions. At our firm, we have a rule that there is no such thing as a stupid question – we want to build your knowledge and empower you to make great decisions.
If you don’t currently have that kind of relationship with your accountant, I’d be happy to jump on a discovery call. No pushy sales pitch, just an opportunity for you to explore how we may be able to better support your needs with our full range of services and growth programmes.
Your accountant should be designed to help you not just survive, but thrive and achieve scales you may have only dreamed of. Don’t settle for an outdated, compliance-only service – maximise the value you receive and propel your business to new heights.
