Unless someone in the business happens to be an accountant by trade, most businesses will need at least part-time professional bookkeeping help. At the minimum, an accountant can help file taxes and help ensure that a business doesn’t inadvertently violate any finance or banking laws.
However, developing a good working relationship with a finance professional is a key step toward financial stability for a small business. They can also help provide advice on cash flow, savings, credit management and all kinds of other pressing issues. And the more a business grows, the more indispensable it becomes to have a finance professional on board, so it’s smart to save time and begin a relationship early.