As another year starts, you will probably have less time to evaluate the services of your Melbourne accountant and how it can support your company’s growth. By taking the time to align your goals with your Melbourne accountant, you can be able to position your business strategically to take advantage of opportunities and plan ahead.
Here are some of the great resolutions you may want to incorporate when coordinating with your Melbourne accountant:
Your Melbourne accountant is not only available to generate reports and prepare your income tax returns for you. It is important that you are able to schedule a regular meeting for advisory engagements all throughout the year.
Discuss to your Melbourne accountant your business’ pain points and challenges so he/she can provide assistance. If you are planning to sell your business or retire soon, it is important that you are able to communicate this with your Melbourne accountant and ask the necessary questions and reveal opportunities you may have not recognised.
When a lot of accountants today still prefer to do things the old way, it is important that you are able to tap the services of a Melbourne accountant who knows how to streamline their services through the strategic use of technology. There are a number of tools and software available that can offer far greater efficiency and accuracy, and ultimately the cost of each service.
Sure, your Melbourne accountant has provided you regular financial reports but have you really taken the time to review and understand what those figures are all about. This will help you identify red flags, formulate solutions as well as plan ahead with informed decisions.