Running a business means wearing many hats. You have to constantly transition from creative work to logistics to financial management to interpersonal work – it’s a major challenge. This is especially true when some of the hats don’t fit quite right. For some people, financial management is a serious challenge.

If this is the case for you, you don’t have to go it alone. In fact, hiring a CPA through Pacific Executive Search could be the special ingredient you need to make your business thrive. Here’s a look at what a CPA can bring to your business:

Payroll Management
Expert advice can help you avoid payroll issues:

• Your CPA can help you evaluate employee salaries and make sure you’re providing appropriate and competitive rates.
• They can also give you tools for setting up easy timesheet tracking in Excel if you’re not ready for automated time tracking.
• Finally, they can point you toward the best tools for making sure employees are paid conveniently and on time.

Tax Simplification
CPAs are experts at tax management:

• Many small business owners only really start focusing on taxes when tax deadlines roll around, which can be extremely stressful.
• A CPA can give you the organizational tools you need to track tax information all year long.
• They can also ensure you’re taking advantage of any tax breaks that apply to your business.

Growth Mindset
Are you thinking about the future?

• CPAs are pros at helping businesses create long-term game plans that work.
• For example, they can help you figure out the best approach for reaching self-sustainability if you haven’t already.
• They can also help you weigh the pros and cons of acquisition and other paths your business may take.

Although it can easily feel like you must be an expert in all things to run a business, the reality of the matter is it’s often better to find a pro whose insight you can rely on. We hope this article helps you see the benefits a CPA can bring to your business!

Looking for the right finance and accounting professional to help your business thrive? Schedule an appointment with Pacific Executive Search to get the recruiting process started today!

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