Five Questions to Ask Your Tax Accountant (CPA) to Grow Your Retail Business

Don’t just wait until the end of the year to talk to your tax accountant - meet throughout the year and ask important questions to move your business to the next level.

WHAT AREA OF MY BUSINESS IS TOP PRIORITY TO FOCUS ON?

You may want to direct your attention to something you've been neglecting - managing employees, hiring, marketing, bookkeeping?

WHAT IS MY STRATEGY FOR HIGHER PROFITABILITY AND EXPANSION?

You can improve profitability by increasing revenues, cutting expenses, investing in marketing, negotiating with vendors, or implementing other strategies.

WHAT TYPE OF HELP DO I NEED? WHERE SHOULD I HIRE OR OUTSOURCE?

No one can do it all. Do what you do best and outsource the rest. This gives you more time to do what you love and be with the people you love most.

WHAT IS THE BEST WAY TO MANAGE MY CASH FLOW?

Cash flow allows you to cover expenses, pay your employees, reinvest in the business, pay off debts, give yourself a return on your investment, and you can plan for any cash shortages.

SHOULD I HAVE A DIFFERENT BUSINESS STRUCTURE?

This will affect your taxes and your long-term goals.

PSA: If you don't have a good tax accountant or CPA yet, now is the time to start looking for a good one! There is a shortage of good tax accountants and the good ones get booked up fast now! Remember, you need to hand off clean, accurate, up-to-date books to your tax accountant end-of-year. If you need to outsource bookkeeping, we can lift that burden. Get a free estimate here.