So what do accountants do that makes them so important? Here are 11 reasons why businesses need accountants: 1. An accountant can help make sure a business is set up properly as a sole proprietorship, partnership, limited liability corporation, S chapter corporation, etc. 2. An accountant can help make sure a company pays its utility bills on time. 3. An accountant can make sure a company pays its payroll taxes and other governmental obligations when they’re due. 4. An accountant can look ahead and prepare a company to handle upcoming expenses. 5. An accountant can plan ahead so there’s money on hand to pay employees even when cash flow is down. 6. An accountant can help minimize a company’s taxes. 7. An accountant can lay out and advantages and disadvantages of adding or laying off employees.8. An accountant can help identify which company activities are profitable and which are losing money. 9. An accountant can advise on the wisdom of buying or selling property or assets. 10. An accountant can serve as point person in the event of an audit. 11. An accountant can be a proactive partner in helping grow a business. Contact us if you need a proactive accountant
Posted on: Tue, 22 Oct 2013 06:51:04 +0000
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