Many business owners need more help than what they are getting. Strategic vision, financial planning, and managing processes are among the many big picture items that can frequently be overlooked in the hustle and bustle of day-to-day business survival. Most people think that there isn’t a good way to get help in these areas, especially without hiring expensive outside consultants whom they don’t know. However, there’s someone you’re already working with who can help: your tax advisor.
Why should a tax guy know how to help a small business? Several reasons.
We already need to know these things to give you the best tax advice. Tax choices are dictated by your overall strategy and your life goals. Your tax advisor needs to be informed about what you are trying to achieve and how you are doing it in order to give you the best guidance. If we haven’t heard your story to the extent you would like, try us; we are listening!
We work with lots of business, all the time. One of the most enjoyable things about being a tax advisor is the incredible number and variety of business we get to work with. It provides ready-made experience that translates into good guidance, based off the best practices and strategies we’ve seen from everyone we have worked with. Financial advisors and brokers are not typically dealing with businesses at that level.
We know how to make numbers work in reality. Good tax advice has to be grounded in the real world. Recommendations that create hardship tend to be easily ignored. Good tax advice also has to match financial upside to the real world. It’s no different with other forms of business guidance - you have to understand strategy in concert with numbers.
We’re smart. Good accountants have lots of education, experience in managing their own business, and a track record of success with their clients. It’s the perfect package to be able to provide guidance and strategy for your business.
Your tax advisor should be willing and able to help you with more than just tax issues. One of the greatest things you can do to achieve business success is to surround yourself with smart people. Don’t be afraid to reach out and utilize this resource that you already have; the right person can really help set you up for more success.