How to Pick a Business Accountant

All small business owners should have a good relationship with their accountant. Accountants are a valuable resource and can help you comply with state and federal tax laws. They can also make the difference in whether your business is a success or a failure.

Finding a business accountant is a straightforward process. Here are some things you should consider.

1. Specialty. Accountants are a lot like doctors. Some are "general practitioners," while others specialize in specific issues. Does your business simply need help on taxes, or are there other tasks that would help your business become more profitable? Do you need a Certified Public Accountant? Do you need an Enrolled Agent? Take some time to make a list of your accounting requirements. The more specialized the accountant, the more they are likely to charge for their services.
   
   
2. Proximity. Determine if it is necessary for you to find a local accountant. Do you need to meet with an accountant face-to face, or can the issue be handled remotely. It is usually less expensive to find an accountant who does not live in your geographic area, and handles requests via the Internet.
   
   
3. Timing. How soon do you need an accountant? If you are facing a tax deadline, you need to find an accountant quickly. Find accountants who are actively seeking clients. They are more likely to quickly respond to your accounting needs. Be sure to ask each accountant you interview when they can schedule an appointment.
   
   
4. Investment. If you have a longer-term need, you are more likely to want an accountant who will invest in you personally, and take the time to understand your business. The Accounting Aisle features accountants who are interested in these long-term relationships. Select an option like "Financial Statements" when making your online accounting request.
   
   
5. Selection. After you fill out the Accounting Aisle information request, you will be matched with one-to-four accountants who service your area. They will give you a phone call to find out about your specific needs, and let you know how they can help. This interview process should put you in a position to decide whether it is a good match. You can also ask questions about pricing, experience, and guarantees.
   
   
6. Hire. After you have determined that the accountant can solve your tax or business problem, you may enter a service agreement with them. This agreement will tell you what the accountant commits to in terms of standards and accuracy. It also will often define what your obligation is in the relationship.