Is your current accountant holding your business back? What's your exit strategy?
Are you scared that you have spent all this money each month with your current accountant, who never contacts you, seems to take forever to reply, and appears to be doing the bare minimum?
In the ever-evolving business landscape, having an accountant who’s more of a strategic partner than a mere number cruncher can be the difference between surviving and thriving. But what if your current accountant doesn’t fit the bill? Are they holding you back? And if so, what’s your game plan for moving on?
Recognising the signs
First, let’s figure out if your current accountant is weighing down your progress. Here are a few red flags:
- Lack of proactive advice: Your accountant should be more than a tax-season visitor. They should offer proactive, strategic advice that propels your business forward.
- Limited industry insight: Are they clued into your specific industry challenges and opportunities? Or do they offer a one-size-fits-all approach?
- Inadequate use of technology: In this digital age, if your accountant is still stuck in the paper era, they might slow you down.
- Poor communication: Do you have to chase them for answers? Effective communication is crucial in any professional relationship.
Crafting your exit strategy
Once you’ve recognised that it’s time for a change, here’s how you can smoothly transition to a more fitting accounting partner:
- Assess your needs: Before jumping ship, understand what you’re looking for in an accountant. Do you need more strategic guidance, industry-specific expertise, or better technology integration?
- Research and shortlist: Look for firms with a strong reputation. Check their services, client testimonials, and their approach to business accounting.
- Ask the right questions: When meeting potential new accountants, ask about their experience with businesses like yours, their approach to strategic planning, and how they leverage technology.
- Plan the transition: Once you’ve found the right match, plan the transition. This includes notifying your current accountant, transferring files, and setting up systems with your new partner.
- Communicate with stakeholders: Let your team know about the change and how it will benefit the business.
Why Sphere stands out
Let’s talk about us. What makes us different, and why should we be your go-to for accounting and business advice?
- Client-centric approach: We believe in building relationships. We understand that each business has unique needs and goals.
- Proactive and strategic: We don’t wait for things to happen. We plan forecast, and strategise with you to ensure your business not only meets but exceeds its financial goals.
- Tech-savvy solutions: Leveraging the latest in accounting technology, we offer efficient, accurate, and real-time financial insights.
- Industry-specific expertise: Our diverse team brings insights from various sectors, offering tailored solutions.
- Communication is key: We keep the lines of communication open, ensuring you’re always in the loop and empowered to make informed decisions.
Transitioning to a new accountant can feel daunting, but it’s a necessary step towards ensuring your business’s growth and success. At Sphere, we understand the significance of this decision and are committed to making the process as seamless as possible.
If you feel your current accountant isn’t entirely cutting it, let’s chat. We’re here to propel your business forward, combining our expertise with a personal touch that truly sets us apart.
Expert Business and Tax Advisors: We work for YOU, not the ATO!
About Sphere Accounting & Advisors-
At Sphere Accountants and Advisors, we’re more than just accountants. We’re protectors of your wealth, steadfast in our commitment to keep as much of your money in your hands as legally possible. Remember, we always work for you, not the ATO. Our mission is to shield your finances, mitigating any undue claims.
When you seek tax advice from us, you’re not just getting a service; you’re partnering with a team. We take into consideration the complete picture and are always on the lookout for ways to enhance your financial position, enabling you to create, safeguard, and grow your wealth. This commitment holds, whether you approach us as an individual or a business entity.
Our expertise isn’t confined to just taxation. We span across the realms of accounting, strategic planning, and beyond, delivering a whole solution for all your financial needs. With Sphere Accountants and Advisors, you gain a dependable ally in navigating the complex financial landscape.
For more information, please visit our website, give us a call at (03) 8899 6399, or drop us an email. We look forward to assisting you on your financial journey.