#KellyTip : Accountant: To Have One On The Team Or Not? That Is The Question.

The question that is on a lot of people's mind when they are starting up their business, is if they need an accountant on their team? While it is totally up to you, I certainly encourage you to, at a minimum, consult an accountant. This can be your banker or the person who completes your taxes. The SBA (Small Business Administration) has offices located throughout the country that can link you with a local CPA or you can locate one near you by visiting https://www.sba.gov/tools/local-assistance. You can simply start googling some, call them, set an appointment and go from there, as well.

It is important to consult an accountant because they can seriously help ensure your success. They play many roles now a days, not the typical accountants from back in the day where all they did, was maintain ledgers. Now accountants can serve as your business analyst identifying areas that can cut costs and improve profit margins, they know how to operate different programs and can serve as an IT Specialist, or even help build your rapport amongst other Investors.

I always recommend having an accountant look over projected numbers, help analyze contracts, and use them as a mentor to steer you on the right path for your business. There are so many things entrepreneurs have to do on a daily basis, they simply do not have the time to handle crunching numbers. It's great to have basic knowledge of how to balance your own ledger, however, there's always more to what meets the eye, hiring a professional will give you peace of mind knowing everything is completed appropriately.

Check out the article I found on Forbes, written by Byrce Welker. He is a CEO to a few of his own start ups, as well as an accountant graduate from San Diego State University.

~CK