Establishing your very own small business is no easy feat. A lot of individuals scurry at the thought of leaving a cushy salaried job in order to put up their own company. Aside from the weighty responsibilities, there are simply more uncertainties involved in running a business yourself.
With that being said, it takes more than will and passion to be a successful businessman. There are employees to hire and taxes to file and prepare. Thankfully, you can easily outsource both processes to recruitment firms and CPAs. Fair warning – not all accountants are created equal. It is important for you to vet proper candidates that have you and your business’ best interest at heart.
In order to have all your bases covered, below are two of the most common mistakes people make when hiring their company’s CPA:
Failing to Assess What They Need the Accountant For
While all accountants are trained with basic accounting principles, there are a few specializations within the field. Before vetting prospective CPAs it is best to identify why you need the accountant. Having this list can help you narrow down your choices.
Hiring a Qualified Accountant That is Difficult to Work With
So you were lucky enough to find an accountant that can do everything on your checklist! Congratulations! They are rare and few in between. Before having them sign a contract, assess if they are the kind of people you see yourself working with. Especially during tax season, there would be long and stressful work days – the last thing you want is to work with a CPA that you simply cannot get along with.
Hiring the right accountant for your business can be an overwhelming ordeal. Fortunately, Apple White Business Services can make the search easier for you. If you are looking for accounting services in Torrence, CA area, you can easily connect with the best account in town at ApplewhiteAccounting.com (Kimberly Applewhite).