I never thought about hiring an accountant in Nashville when I was starting my business because I thought that all start-ups do their own taxes and books. However, when I spoke with a few other people who had started companies in the past that were now thriving, they said their number one regret was not hiring an accountant in the beginning. Some of them even said they wished they had invested in an accountant in Nashville during the idea stages. It had honestly never occurred to me to take the time to look for a Nashville account during this phase of my small business. Here are a few pieces of advice I got about hiring an account.
Like I said before, the sooner, the better is what I was told, but I wanted to know why. One business owner said that if they hadn’t hired the best Nashville accountant when they were getting their company off the ground, they wouldn’t have had such a strong financial plan in place. He said that his accountant knew all of the tax laws and how to apply them to his particular industry to get the most savings.
I had been working on my business plan and had a few of the numbers on the pages, but really I have no background in bookkeeping. Aside from using an online application to do my taxes, I had never really been involved with any accounting tasks. My inexperience was really starting to become apparent to me, and I wanted to make sure that I brought in someone who could guide me in the right direction.
One of my friends said when they hired an accountant in Nashville they were amazed at how much time was freed up. They said it was a huge eye-opener, and they used that extra time to focus on their business. Not only did they start making more money each month, but they were able to expand because they had a better understanding of the numbers coming in. They said they would probably have never been able to grow without the help of a Nashville accountant. They also got a fantastic recommendation for a bookkeeper to help keep everything organized throughout the year.
As I listened to the advice of those who have succeeded in starting a business, I realized that they wouldn't be where they are today without their accountant in Nashville. It didn't take long for me to bring in the experts and listen to their advice when it came to my business structure. They taught me the different steps that I was going to take when it came to tax season, as well as how to keep up with the books throughout the year. They introduced me to the software that I still use today and even showed me how to keep it updated. Now when someone asks me for a little advice on how to start a business, I tell them to start by finding an accountant in Nashville for the job.