When starting a business, no one’s thinking about tax season, but it must be considered. Especially for creative people, you may not feel comfortable managing your finances. That’s okay. They’ve made accountants for that. If you are ready to hire an accountant, let’s talk about how to find a good one.
First, when hiring an accountant, you need to know what you are looking for. Oftentimes, people use the phrases accountant and bookkeeper interchangeably, but they are actually two vastly different things. An accountant takes care of the overall scope of your finances, while a bookkeeper may focus on the day-to-day activities.
While a bookkeeper can be quite necessary, an accountant is the one who will prepare your taxes, apply for loans, and help create a business plan. In fact, if your goal is to grow your business, an accountant is a necessity.
It may be tempting to search online for small business accountants, but if you do this, you will be presented with thousands of results. A better way to start looking for an accountant is to try asking around. Narrowing down your search to people who have already been vetted can ensure that you settle on someone experienced and reputable.
When you are ready to hire an accountant, knowing what you want them to do is important. If you want them to help file your taxes, then it is important to let them know that it is part of their job description. If you’re not quite ready to hire an accountant but still need to assess your finances, you can contact Aspen Commercial Lending, and our team of experts can help you.