How To Find the Right Accountant for Your Small Business

How To Find the Right Accountant for Your Small Business

A small business alternatively referred to as a startup is something colossal in the making. Even when looking for an accountant, you shouldn’t wonder whether the accountant adds value to your business in the short run, but rather your foremost criteria should be whether he/she would help it grow. Your accountant is not just anybody who would be taking care of your annual accounts and tax compliance, he is, and should be, a lot more than that!

However, finding the most suitable accountant is no easy task; while you may not be in the position to hire someone from a fancy accountancy school with a glorious work experience, you may as well trust someone who is just out of school with absolutely no experience whatsoever regarding the workings of your company. So how do you find the right accountant for your small business? You ask the right questions. The most experienced of recruiters design the most creative questions to truly assess the experience and suitability of a candidate. And we have designed just the right ones for you too:

Why Should I Hire You?

It may sound like a simple question, but it is one that would require a more appropriate answer than ‘because I am an accountant looking for a job, and you are a business owner looking for an accountant.’ The right candidate should be able to provide an answer that truly shows that he/she has the knowledge and experience to add value to your business.

How Does Hiring You Save Me Money?

Accountants don’t come for free, and the only time they’d be useful is if they can prove themselves to be profitable once hired. Again, a suitable accountant will be able to have an appropriate answer for this. Accountants are supposed to be more than bookkeepers, so if the answer is limited to: ‘because I will provide timely Balance, Sheets,’ then politely smile through the rest of the interview and never call the candidate back! A competent accountant should be able to help you find grants to raise capital funds, provide tax relief schemes and help you sell shares in business among a million other things!

What Are Your Plans for the Future

Accountants should work as partners in business when it comes to increasing profits and expanding the business, and this enthusiasm and aspiration should be evident on the candidates you are interviewing. If they answer vaguely or something like, ‘I don’t know, let’s see how it goes’, or ‘I plan to work until I can collect money to climb the Everest,’ then know that they have either lack ambition or have their vision with no interest in yours.

Also, hire someone who has some experience working for small businesses, or more preferably, someone who is willing to understand the workings. You should interview at least 3-5 candidates before making up your mind, but don’t hire a wrong candidate even if it means interviewing 50! You may not always need to hire an accountant; there are numerous apps that are designed to help small businesses with their accounts that don’t require much accounting knowledge. If you are just starting out or unable to find a good accountant, you can always start with online freelancers or account apps until you can hire one. Now you know how to find the right accountant for your small business, so start hunting