Seems to me hiring the right accountant is one of the most critical decisions made in business startup and growth.
Before spending much time or money in a new business or a new project, it`s a good practice to bounce the idea off a good CPA.
A good accountant won`t tell you if your idea is good or bad. In our free market economy the market renders the final decision. But he or she will help you see the financial implications of what you want to do, and whether or not you need to see a lawyer. And a good accountant, usually the owner of a small practice who learned his trade in a large firm, has a entrepreneurial spirit that is contagious.
A bad accountant can kill your idea in a million little ways.
Any accountant can help you leverage your time by preparing your tax returns, and for most of us that`s money well spent. But beware of leveraging your time and inviting a spirt-killer to have a regular opportunity for a free shot at your heart.
This my observation, based on experience with hundreds of entrepreneurs and small business owners since 1979.
John S. Wren, MBA.+
Ben Franklin`s Small Business Chamber of Commerce, Inc.
Ideas into action since 1727.+