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Accountant
If you don’t have an accountant, ask friends and business colleagues for referrals.
Make sure that you feel there’s a fit with the accountant you consider. Your accountant should understand your industry and be knowledgeable about small business. For the sake of good communication, it helps if you get along personally with your accountant as well.
Your accountant can help you with:
- Preparation of cash flow forecasts and projection of operating line needs
- Assistance with business plan and reality check
- Preparation of financial statements and income tax returns
- Insights from financial statements to improve your business
- Tax planning
- Set up of company books
- Advice on handling of cash and outgoing payments
- Advice on handling of customer payments and receivables.
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