Accounting Outsourcing Within America

Small business owners and managers need to consider many factors when trying to select the accountant who is right for their organization. Make up a shortlist of at least 3 or 5 potential accountants. Compare what each has to offer. Come to a conclusion as to which offers the best service for the cost involved. Find out if they are interested in your type of business. Are they strong on the size of your business and the work involved? If they don’t appear interested, don’t waste your time – keep on looking.

• Does the accountant understand the type of business you operate?
• Has the accountant had experience in that type of business with other customers?
• Do you think the accountant is interested in how successful your business can be and can he or she contribute to that success?
• Is the accountant experienced enough to be able to offer other consulting services beyond the normal. (e.g., can the accountant help you select best business entity, corporate credit without personal guarantee, business plan and financing planning?)
• Is the accountant going to readily available for you when you need answers to questions by telephone or email?
• Will the accountant be available to provide financial and strategic advice personally, or do you have to go to other professionals? (If other professionals are consulted, the cost may be greater for you.)
• Do you feel comfortable talking to the accountant
• Do you feel confident that issues are explained clearly so that you are able to make informed decisions? (You don’t want to have an accountant who blinds you with technicalities and with statistics, because the last thing you want is to be confused when a professional is trying to explain business matters that affect the growth and viability of your business.)
• Does the accountant have Accountant’s Professional Liability Insurance (make sure you have a copy of the insurance certificate for your peace of mind).