Ability to be a part-time CFO in your business
Part 5 of “5 things automotive repair shops should look for in their accountant” series.
Why would you or anyone pay an accountant solely to file your taxes?
Any CPA firm can handle a tax return. What you need is a firm that can build a Total Care package that encompasses tax, accounting, strategy, issues, goals, leadership and relationship for true business performance.
That firm takes into account not only the life-cycle of your shop, but more importantly the stages of your life. Filing a tax return will not get you ahead in business…partnering with a firm with vision and tenacity will move the needle.
Your accountant should advise you on the tax bits, sure. They are important. But filing a tax return is after the fact, reactive vs. proactive, solely a compliance purchase that you don’t want to make.
Why pay for compliance, for filing a tax return, when you can get 5x value from an accountant that knows your business and your shop, and knows what things to look for.
When your best mechanic fixes a vehicle, they know where to look for the problem, how to diagnose quickly, and how to fix fast and well. The same rules apply to your accountant; they need to see the problem in advance, diagnose quickly, and fix and model fast and well.
MoneyWrench has the team to take your shop beyond paying for a tax return that you really don’t want to file anyway. Get clarity from your accountant, make your dollars work smarter.
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