4 Ways your accountant should offer more than a tax return

StuartBusiness Process, Tax

Choosing the right accountant for your business is essential for so many reasons. But we’ll get to that in a moment.

At 542 Partners, we value client relationships and have a genuine interest in guiding your business journey with smart technology and clever processes.

So if you’re used to only seeing your accountant at tax time, here’s a few more things you should be adding to their to-do lists.

 

1.     Proactive compliance

Having an intimate and a finger-on-the-pulse knowledge of all key legislative requirements and recent or proposed changes to the rules governing your industry means you shouldn’t have to worry.

At 542, we move beyond compliance with our clients, to ensure that as your business grows, we provide more resources to real business problems and wealth creation: the stuff that really matters

2.     Make decisions with confidence

Partnering with your accountant can provide a level of independent advice crucial to assessing your business strengths, weaknesses and overall performance.

We recognise your greater needs and tap into our recommended partners and services including business lawyers, financial planners, insurance brokers, marketing and more to assist you to achieve your business goals.

3.     Goal setting. And goal scoring.

Understanding your business and using the data to make effective, strategic decisions is vital to the success of your business.

Setting and managing realistic goals, aligned with Key Performance Indicators (KPIs) helps achieve efficiency, growth, optimised financial health and resilience for your business.

What’s more, your accountant should be committed to helping you achieve your business objectives with proactive advice and technology.

What KPIs should you monitor? Check out our Setting effective KPI’s blog here.

4.     Save your business money

By making an effort to get to know you, your accountants’ advice and solutions should meet your needs.

By putting the correct processes and technology in place your accountant will be able to help you analyse trends, forecast expenses and see opportunity for cost and time savings.

 

The right accountant can help you take your business to the next level.

Are you getting the best value from your accountant?

Let’s talk.

 

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