How do you know if you have the right CPA on your team? It is possible to outgrow your CPA or need a more qualified CPA. This article will give you some insight on how to assess your business needs and how to choose the right CPA for your small business.
Assess Your Small Business Needs
The first question you need to ask yourself is: “What are your small business needs?” You must analyze your overall business objectives in order to assess if your CPA is the right fit for your team. Are you looking to grow? Are you looking to start phasing down your business for retirement? No matter what the case may be, your CPA should be at your side during this process. You must also analyze if your needs are being met by your current CPA. Has there been times that you asked for something, and your CPA could not deliver it you? All of these are questions to consider when searching for the right CPA for your team.
Learn What Your CPA Specializes In
Talk to your current CPA about what their level of specialty and expertise is. Because accounting is such a broad area of study, ask them about their continued education and what they have chosen to concentrate their studies and practice on. Are they performing tax services with a specialty in auditing? Are they trying to be a “jack of all trades”? Are they passionate about small business? Are they staying up to date on the current times? Understanding the answers to these questions and others you may have will help you in your assessment.
Size Up Your Current CPA’s Business
You should be looking to see how your current CPA is communicating their service offerings. Are they on social media? Are they staying up-to-date with their website? Are they staying ahead of the generational curve that is occuring in recent times? Lastly, are they educating you on important changes within the accounting industry that could impact your business? If you answered no to most of these questions, it may be time to consider working with a new CPA that is a better fit for your small business.
Looking for a New CPA Partner for Your Small Business?
Have you been feeling as though your current CPA may not be the best fit? Here at AEMC, we specialize in small business, and we would be happy to service you and your small business. Use the button below to request a quote from our firm.
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