If you really want to save money, call a professional. Hiring an accountant is a guaranteed way to save more of your hard-earned money and be in the driver’s seat of the rest. We want you to have more cash to live on and to pour back into your business. Investing in an accounting team familiar with your industry is a significant step toward financial freedom.
As you work with your accountant, these are some helpful questions you’ll want to ask:
- What can I do today to prepare for the next season?
To get out from the feast and famine cycle, you’ll want to level your income and expenses throughout the year. Identifying what is important to you is a great first step: What matters most to you? Do you want to make sure that you can pay your staff year-round? Planning ahead and reserving cash for the offseason during the warm months will mean you never have to worry about a shortage again.
Another important piece is identifying and eliminating unnecessary spending. You want to make sure that you have enough cash in reserves so you never have to go to a predatory lender and instead you can sail through the rest of the year with confidence.
- How can I make this tax season better than last year?
The Profit First method we utilize includes allocating a percentage of your income every week for your taxes. This means you’re saving little by little, not scrambling for a big sum all at once.
- What should I consider as a green industry business?
Since equipment is essential to your business, make sure you’re budgeting for maintenance and saving up to purchase new equipment. I recommend establishing a separate account dedicated to equipment so you won’t have to rely on loans if something breaks.
- What would you do if you owned this business?
Your accountant can be an incredible mentor to you and your business. Don’t be afraid to ask for advice. Chances are, she’s worked with someone in a similar situation and could be an extremely helpful guide.
We’ll take a look at your books together to get a comprehensive, accurate understanding of the current state of affairs. Then we’ll find your pain points and create a plan to alleviate each one. Our team members hold advanced certifications in QuickBooks and can sort out even the most tangled accounting webs. We’ll simplify and then educate you, empowering you to not only understand but also to grow your profit.
Schedule a call with us today and be on your way toward a more profitable business and a more satisfied, confident you!