18663 Ventura Blvd, Suite 227Tarzana, CA 91356
FREE CONSULTATION818-436-2775
18663 Ventura Blvd, Suite 227Tarzana, CA 91356
FREE CONSULTATION818-436-2775
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Personal, Affordable Payroll Services, Bookkeeping, and Tax Processing for Small Business throughout Los Angeles County.

How to Choose the Right Accounting Firm for Your Small Business

After you have made the decision to work with an accounting firm, it can be difficult to choose what kind of firm will best suit your needs. Accounting firms in Los Angeles are not created equally. While some firms are designed to serve large, multinational corporations, others are focused on the unique needs of the entertainment industry. For some accountants numbers always come first, while for other accountants people are the most important element of a business. Although accounting needs will always vary depending on the nature of your work, the following are guidelines that will help small businesses know what to look for in an accounting professional.

Knowledgeable

Accounting is more than addition and subtraction. Accountants must be familiar with the intricacies of tax and payroll laws and ideally be capable of making those laws benefit the company with which they are working. Accounting firms in Los Angeles are more likely to know about California’s applicable laws and codes than accounting firms in Tennessee, but some local accounting firms are definitely more adept than others. Do not be afraid to ask questions when talking with a potential accountant.

Available

The status of one’s bottom line is no small matter of concern. Accountants should be reached easily in case a client has questions or in case there is a fiscal emergency. Accountants should also be able to explain their processes in easy-to-understand terms. Taking the time to find an accountant with whom you communicate well will result in much greater peace of mind as your relationship continues.

Flexible

Even the most established businesses can be taken by surprise. Broken equipment, new laws, and personnel issues can all affect a small business’ finances at a moment’s notice. A great accountant is willing to re-assess the situation as quickly as possible. And they are also nimble enough to propose new solutions to meet your business’ changing priorities.

There are hundreds of accounting firms in Los Angeles. Choosing a firm that works specifically with small businesses is a great start. Finding an intelligent, quick-witted accountant who cares about their customers might take some time, but doing so will pay dividends in the long term.