A good accountant, lawyer or business consultant can make orbreak your business. right advisers?Most businesses need advisers of one sort or another inorder to function properly. Some will see an accountantjust once a year whilst others will need a range ofprofessionals for legal, tax planning or managementaccounting advice. These are close relationships witheach adviser knowing the very smallest detail of yourbusiness.
A bad adviser can wreck your business.Whilst most advisers belong to professional bodies, theselicensed to practise. Personal knowledge is useful but tryto avoid using personal friends, as this can often be ahindrance rather than an advantage. good friendship. Try to get a personal recommendationfrom someone whose judgement you trust. It's also important to define the needs of your businesssold services you don't actually need. If, for instance, your business is highly specialised you may well require aspecialised service which you can't find locally. Distancecan be a barrier but modern technology means that manyLook for firms with a reputation in your area or industryApproach a few firms at the same time to find outwhich one really wants your business.
Remember, you'repaying the bill and if they are not willing to make an effortto gel your business they are probably not worth using.business, though this will be easier with certain types ofwork legal for instance, where work is normally done onan ad hoc basis. You may also have two firms providingaccountancy help - one for year-end accounts and anotherfor taxation advice. After all, we arc all more effective andAlways remember that these advisers will be an essential part of yourbusiness.