One thing I have noticed in the last year working with business owners at varying stages is that everyone seems super unclear on who they should hire in their business. I see people posting all the time asking for an accountant or CPA, which I believe is one of the reasons business owners like you aren't getting the help you deserve. In this episode, I was recently on the She Leads First Podcast with Emily Cincotta and we chatted about some of the mistakes business owners make when hiring financial help and how to decode the type of pro you actually need in your business. Enjoy the interview...

 

What you'll hear in this episode:

[08:37] Different labels for people you work with.

[09:49] Financial operations, accounts payable, accounts receivable, cash balance, profit, financial statements, tax return

[13:40] Meet the bookkeeper regularly for real-time feedback.

[18:37] Organize everything to avoid IRS audit.

[20:12] Invest budget in revenue generation or customer experience.

[22:39] Practical advice often lacking, money concerns. No mention of accountants explained.

[27:56] Find someone who does tax preparation and strategy, co-authors your story, and meets with you regularly throughout the year to plan and understand your business.

[29:51] Importance of intentionally choosing financial advisors.

[36:00] Long email helped me understand services better.

[39:13] Ideal client journey: empathetic, industry-specific, experienced advisors.

[42:54] Return rented clothes, except for extreme cases.

 

Check out the original interview here: https://lnns.co/RIkVqtLZuad

 

If you like this episode, check out:

Decoding the Messages in Your Numbers

The Hidden Power in Your Financial Reports with Sugey Piedra

What Your Numbers Are Trying to Tell You

 

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Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.