There are more than 600,000 certified public accountants in the United States. This means that as a business owner, you have a lot of options to choose from.
For many people, this can be an overwhelming decision. Others may think they don't need an accountant and can do everything on their own.
Both of these statements are false, however. Here we'll outline how to find an accountant for your small businesses in three easy steps.
Pick a Certified Public Accountant
First of all, you should pick someone who is certified. Here's why that's important.
A certified public accountant (CPA) has been verified by a trustworthy body to be reliable and qualified. These groups exist to ensure that professional standards are upheld.
Additionally, CPAs have both experience and knowledge, making them highly trustworthy accountants. They'll be able to take your business to the next level, giving direction and guidance along the way.
If you just need an accountant to handle simple tasks like tax preparation and bookkeeping, you may be able to get away with a non-certified accountant. However, if you expect to need a loan or any other more complex task in the future, you should choose a CPA.
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How to Find an Accountant: Find Someone with Relevant Expertise
Next, you should find an accountant with experience in your industry. There are so many types of companies out there and all types of company sizes.
You want to work with someone who is familiar with the particulars of your industry and someone who has worked with businesses of a similar size financially. This will give you your best chance for success working with an accountant.
Before you agree to work with someone, ask them about their expertise. Find out the names of clients they've worked with in the past and ask for information about the number of employees they had as well as their typical annual revenue.
Also inquire about the growth of those businesses. This will help you know if they will be able to help you through similar transitions in the future.
Take Advantage of Your Network
Last but not least, make use of your network. Often, the best accountant for you may be someone you know or a friend of a friend.
Ask friends and family members who are business owners about their accountants. They may recommend them to you.
Utilize your social media network. Ask your LinkedIn connections, Instagram followers, or Facebook friends for recommendations. This is a great way to get some reliable advice.
Now that you've read about how to find an accountant, it's time to put these ideas into practice. Roll up your sleeves and get to work!
No matter the size of your business, you'll be so glad you have a trusted legal source when questions arise. Is this the year you're looking to start a business? Discover how to turn your dream job into reality.