A Great Accountant Can Save Your Business
Manage episode 310686520 series 3068524
It's a common thought. "I'm going to start a business, make my own money, and LIVE MY BEST LIFE". It's the perfect dream. What if you start off slow and all of the money you put into your business is coming from 3 different bank accounts and is being spent on gas that you used going door to door looking for businesses. What about the classes and tutorials that you bought and never used. Not to mention the equipment that you found out later you wont be using as often on shoots so you might as well not bought it. Your money is going everywhere, and worst of all you probably didn't keep up with the receipts or invoices. Let's be positive and say you did have a successful start and made a lot of money, but put it in your personal bank account, gave a friends some, and put the rest in your business bank. You just split your money three ways and now when its time for taxes you cant show where your money wend because you didn't pay yourself correctly.
There are many stories like this happening everyday and it can break your business. A good accountant can control this foretold madness and keep your finances and growth in check. Listen and learn from Brandon's mistakes and see what you need to look for in a good Accountant.
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