It is easy to assume that only big corporations require the services of an accountant/financial advisor. In reality, even a small and medium business can benefit from hiring the right financial advisor.
”How do I pay less taxes? I get asked that all the time! They feel like good questions, but they're all bad questions.
TOP 5 WORST QUESTIONS TO ASK YOUR SMALL BUSINESS FINANCIAL ADVISOR/ACCOUNTANT
A proactive advisor can not only help you cut costs but also look at the big picture to redefine your financial strategy. In fact, they can be helpful at various stages of growing your business to help improve cash flow and pay fewer business taxes. Finding the right person whose style matches that of your company’s vision is also very important. When evaluating the competency and compatibility of a financial advisor, don’t hesitate to ask questions that go beyond tax cuts and tight payroll management.
Check out this great video where Hector Garcia, CPA, talks about the top 5 worst questions to ask your business advisor/accountant (…and 17 great questions you should be asking instead!).