When choosing the right financial management team to take your business forward, they need to tick two boxes – the accountant and the financial planner. Most people tick box #1 without a second thought for box #2.
Well that is all about to change.
Firstly you need someone who can perform the day-to-day management of your accounting needs effectively. As per our previous blog, we have highlighted the main benefits of enlisting a great accountant. They will ensure your business is running at peak capacity and keep everything in order to keep the taxman happy. Your accountant will assist you to set up all your business accounting systems correctly and assist with tax minimisation strategies come End of Financial Year.
What many businesses fail to recognise and seek is the assistance of a financial planner to help look at the bigger picture. A financial planner will look at your business and assist you in developing short, medium and long term goals and outline the strategies and steps required to reach those goals. A financial planner takes a strategic approach that encompasses your entire business operations, not just the day-to-day financials that keep the cogs turning.
Both roles are just as important as one another. By enlisting Zac at HA Accounting, you are getting the best of both worlds. You are receiving both box #1 and box #2 for the price of one. And the benefit to your business is significant. Your business will be covered both in the immediate financial present and future.
So think about both the present and the future and enlist the financial management team that will ensure the success of your business for not only today, but for many years to come.
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