Advivo outlines why estate planning for your business is essential for your retirement plans. First published: December, 2017 Updated:…
This is especially true if you’re running a business. We’ve seen too many good people having been burnt by their previous accountants simply not being across what they should have been, and filtering information back to clients when it’s too late. Sadly, this is often because they’re not aware of themselves until it’s too late.
Just like a doctor, it’s important to have an open honest relationship with your accountant. If you feel you can’t be brutally honest, you should ask yourself why?. Is it because of them, is it because of you, or is it both?
Nobody needs a doctor who is unable to tell their patients exactly how it is. If something is not right, you need to know about it yesterday. Your accountant should be no different. They too should be able to give you honest facts in relation to your business, whether they be good, bad or ugly.