The choice of an accountant is a fairly subjective thing – you need to pick someone that you will be happy to deal with for a long time. But, no matter your personal preferences, there are some common things that you should definitely be looking for.
Acknowledging the need for help is one thing but knowing what kind you need or where to find it is another. Do you hire? Do you outsource? Or do you do something entirely different?
The role of an entrepreneur involves wearing many, many hats. Especially in the early days of launching a business there often just isn’t enough cash for you to hire help. You have to be the manager, accountant, salesman and HR department all in one.
Entrepreneurs start a business because of a passion. You have a skill and you grasp the opportunity to turn your passion into income. But it doesn’t take long for entrepreneurs to learn that, whether they are good at it or not, the accounting needs to be done.
The terms “bookkeeper” and “accountant” are often mixed up and used interchangeably. So what is the difference?