Financial Health Check: Assess Your Business Finances 

A Healthy Relationship with your Outsourced Accountant

December 20, 2019

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We will be the first to admit that it isn’t easy to delegate and trust others with your money and business. Having a healthy relationship with your outsourced accountant is paramount in the success you will find together. Here are some tips to help you along with developing a healthy working relationship between you and your outsourced accountant.

Patience – because strong relationships take time.

Many outsourced accounting firms work with a variety of companies and industries. With that, there will always be a learning curve as we get to know your company. Each company has its individual quirks and attributes that make them special. This takes time to learn. Given time and patience from you, the client, your outsourced accounting firm will have time to deeply embed themselves into your finances and therefore have a better and deeper understanding of them.

Communication – because that’s what you do in healthy relationships.

It’s written plain and simple in any relationship “self-help” book on the shelves: no one is a mind reader. If you want to have a healthy relationship with your outsourced accountant, you need to be a good communicator with them. It is so important that you are clear about your expectations. It is equally important that you are candid about sharing your hopes, dreams, and fears! We are here to help you make your dreams come true and can only do that if you let us in on them!

Honesty – because it really is the best quality.

Sometimes clients will come to us and other outsourced accountants with their finances in shambles. They’ve hit rock bottom, or they just can’t handle all of this on their own anymore. They went into business to do what they love, not to be their own accountant. And their finances reflect that. Being honest about your situation and what’s actually happening in your business will make this process 100 times easier. Transparency is key.

To build and maintain a healthy relationship with your outsourced accountant, you need to understand that you can’t hold back with what is actually happening in your business. There is absolutely nothing to be ashamed of… we’ve really seen it all. It’s like going to the dentist knowing full well you haven’t flossed all year. It’s a little embarrassing, but it isn’t anything they haven’t seen before.

Trust – because you came to the professionals.

Your business is your baby. It’s hard to let that go. However, it is one of the best ways to maintain a healthy relationship with your outsourced accountant. If you hold onto certain aspects of your business, you aren’t fully benefiting from everything an outsourced accountant could offer you. As outsourced accountants ourselves, we know all of the nuts and bolts that go towards creating a successful company. We’ve done it ourselves, and we help others do the same thing every day.

It is important that you find someone you can truly trust with everything. That trust will make everything we mentioned in this post so much easier. We run our business as if we are partnering up with you in your business. Our success is your success, and your success is our success. That requires a strong line of trust between us.

We hope that this post helps to demystify exactly what your outsourced accountant needs from you. Making a healthy relationship with your outsourced accountant is incredibly important and takes patience, communication, trust, and honesty. If you would like to get started and hear more about our outsourced accounting services, check out this page and contact us!

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