What is the value of a business owner having a relationship with an accountant?
As business owners, we often build our own mental barriers to change, until something changes?
When I first met this one client, every time we talked, he would bring up his desire to offer health insurance to his employees. I would ask him about talking to his insurance agent, and he would present me the options that were presented by the agent. He had? ?trust? in his agent, and was somehow looking for me to resolve ?the problem?.
I would suggest talking to another insurance agent, but would get resistance. After about 6 months of this, I finally told the client that EVERY time we had talked , this subject had come up, and it was time to put or shut up. I told him that if his insurance agent was so good, then we wouldn?t be having this conversation every single month, that at least, it was worth talking to another agent.
He met with a different?insurance agent, and a whole different solution was presented with my client now offering health insurance to all his employees with a minimal match by him as the employer.
My point is that, to my client, that problem that could have festered for a lot longer. But it was because he had a ?relationship? with an accountant or business adviser, he was able to get out of his mental box and move on.
As a business owner, don?t settle for just looking for a bookkeeper or an accountant. Look for a someone that you feel comfortable with, someone that?s approachable. Look for someone that you feel comfortable opening up to.
If you can?t open up, then your advisory can?t help you get out of your box and help you achieve your long term objectives. With that all said, you also have to give the relationship time, and not expect results within days of starting this relationship.
What are you waiting for?
Presented by Steven A Feinberg, CPA of Appletree Business Services LLC, a PASBA member accountant, located in Londonderry, New Hampshire, with more than twenty- five years experience on Federal and New Hampshire issues affecting small business, and specializes in tax, payroll and business planning for his clients throughout the year. Steve is a recognized member-contributor of the book, Six Steps to Small Business Success. For additional information, you are encouraged to email Steve at info@appletreebusiness.com or call (603) 434-2775.
Steven A. Feinberg ? www.AppletreeBusiness.com ? Get Appletree Blog via Email ? Follow CPAsteve on Twitter
Filed under: Uncategorized Tagged: | accountant, Business, CPA, Small Business
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