285 - [BACK OFFICE] Problems with Bookkeepers and Accountants

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Toolbox Talk

Jon Dale

286 episodes

4 weeks ago

This podcast is for tradies and builders who want to put structure and systems into your business so you can grow it properly. Watch more videos at smallfish.com.au and check out the Big Numbers Workbook to learn about the important numbers in your business.

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285 - [BACK OFFICE] Problems with Bookkeepers and Accountants

Toolbox Talk

6 minutes 37 seconds

3 months ago

285 - [BACK OFFICE] Problems with Bookkeepers and Accountants

Bookkeepers and Accountants.

I don't hate them, they are important & necessary. However, there's a problem with them.

For most tradies and builders, they are the people you go to for advice, particularly advice about your money.

But the truth is, they are not very good at that .

Both bookkeepers and accountants have a focus on compliance & saving - saving money, saving cost or saving tax.

Bookkeepers tend to be mostly concerned with making sure your accounts are compliant with the law so you don't get in trouble.

They want you to lodge your BAS or GST correctly, pay people correctly, and don't overpay your GST.

Accountants care about tax; making sure you don't pay too much, don't do something that's not allowed and then get in trouble, and they care about your business structure & protecting your assets.

Those are good things .

The problems come when they are your main/only source of advice and guidance in the area of money and the finances of your business. Because there's more to it than that.

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Get the Bookkeeping Guide for Trades and Builders here: https://www.smallfish.com.au/tradies/bookkeeping-guide-for-trades-and-builders-2/If you want more money (profit), more time (off work), and more freedom (from work, stress, responsibility) book a Money Call: smallfish.com.au/tradies/money-call/FOLLOW US AT:Facebook: https://www.facebook.com/smallfishcoach/Twitter: https://twitter.com/smallfishcoachInstagram: https://www.instagram.com/smallfishbusinesscoach/YouTube channel: https://www.youtube.com/c/smallfishau