Have you ever been burnt by the wrong advice? Here are 8 key points to help you find the right advisor.
Similar to the life cycle of an individual, the business life cycle has various development stages with its own unique set of circumstances and issues that affect the focus of its activities.
Finding the right business partners will be essential to the financial longevity of any small business. A key financial decision will be choosing the right accountant or ‘Trusted Advisor’ to guide your business through its journey.
The provision of accounting and tax compliance services is only one part of the role your Trusted Advisor should be playing. Your accountant should possess the appropriate skills and experience to support the business from start-up, development and all the way through to the exit phase. Having the correct business structure which caters for your business & personal needs will ensure profit sharing flexibility, asset-protection and the ability to utilise any potential tax concessions.
Key Points to Consider:
These key factors will all be essential to finding the right Trusted Advisor to act as your business partner. A partner who will not only manage your financial stability but also be your navigator through the businesses ‘ups & downs’.
Founding Partner – CP Associates & Co