Sunday, February 19, 2006

Small Business Owners - 7 Reasons You Should Change Your Accountant

One of the first things I do with clients of the E-Myth Mastery Program is to insure that they have a budget in Quickbooks and that Quickbooks is up-to-date each day. The Budget to Actual report then becomes

A recent survey showed that only 28.7% of small business owners were happy with their accountant, and only half of those would recommend him to their friends because he was too busy already. Most new businesses start out with an accountant, but Michael Gerber, author of "The E-Myth Revisited" and "E-Myth Mastery" notes that 80% of small businesses go out of business the first 5 years. So why are accountants not that successful with their clients?

The following are the most common reasons small business owners give for their dissatisfaction. Do any apply to you?

1. The accountant in charge is not accessible and never returns phone calls. In the early stages he couldn't do enough. He used to come out to the factory at least once a year to have a look. Now he seems to have time only for the big fellows. It seems I'm too small for him to be bothered with.

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