There are numerous reasons why business fail and these can include lack of planning, poor financial management and leadership, lack of profits or marketing strategy, just to name a few. In order to survive, a trade business owner needs to ensure that all the business functions are getting full attention. However, playing the jack of all trades within the business can lead to important business functions being unattended to.
Changing accountants can seem like a daunting task and many people choose to stay comfortably uncomfortable, risking their financial security in the hope that things may eventually get better. But let’s, for a moment, consider your accountant similar to a doctor. Would you stay with the same doctor if they weren’t helping you get through the rough patches? If they couldn’t help you to stay or become healthy and fit? If your answer is no, then consider why would you stay with your current accountant if they are not helping you to stay or become financially healthy.