IT Consulting Business Owners Need to Align with CPAs or CAs
SP Home Run Inc. Reveals Tips for IT Startups on Finding the Perfect Accounting Firm
LAKE WORTH, FL- Tax forms and employee payroll regulations are usually the last things that an IT consulting business owner is thinking of when starting up their new IT business. However, these administrative details are extremely important and can spell disaster for a small business owner if not properly and consistently addressed.
Unless a business owner plans to become a finance and accounting expert, it is imperative for IT startups to find local accounting firms, typically comprised of CPAs (Certified Public Accountants) or CAs (Chartered Accountants), that are a good match for their company size and business model.
If an IT consulting business owner does their research, asks the right questions, and follows these steps from SP Home Run Inc., the process should be relatively painless:
Seek Recommendations – An accountant, again usually either a CPA or CA, will have access to a business’ financial information, so they MUST be trustworthy. Ask friends and other business owners for recommendations. Another good place to find trusted accountants is the local chamber of commerce. In addition, contact the local chapter of the accounting society. For example, in Florida, the Florida Institute of CPAs’ website has a section clearly labeled “For the Public.”
Research, Research, Research – Do as much research as possible on potential accountants and accounting firms before setting up an initial meeting. This can help in deciding whether a particular firm would be a good fit.
Inspect their Website and Social Media Presence – When doing due diligence, evaluate accounting firms’ websites and social media profiles. If an accounting firm isn’t modern enough and “with it” enough to be marketing itself properly online, it’s unlikely to have the tech-savvy needed to handle the needs of an IT consulting business. Also look for third party reviews, testimonials, and case studies.
Ask Questions – Find out how many clients a particular firm has and the size of those companies. Another good question to ask is whether a particular accounting firm has experience with start-up IT consulting businesses, as well as current incentives and tax breaks those clients may be eligible for. Also, be sure to find out how much support and handholding the firm offer new businesses.
“Building a solid client list isn’t the only thing an IT startup needs to be concerned with,” said Joshua Feinberg, Business Development Director of SP Home Run Inc. “If taxation, payroll, and accounting are not appealing subjects to an IT consulting business owner, that individual should start looking for an accountant, such as a CPA or CA, now. The sooner, the better.”
Those IT startups interested in learning more about a variety of IT consulting business concerns and solutions should also download the free special report How to Start a Computer Consulting Business (6 Proven Ways to Build Your Initial Client Base).
About SP Home Run Inc.
SP Home Run Inc. helps small business IT service providers get more high-paying, steady B2B clients by providing a suite of proven tools and resources that are available exclusively to SP Home Run Inc. members. The tools and resources focus on IT marketing and targeted lead generation, selling IT services and lead nurturing, IT service contracts, managed computer consulting, IT channel and small business technology, and starting an IT consulting business.
The company currently serves clients all over the world. Its client base includes computer consulting businesses, VARs, technology integrators, IT solution providers, MSPs, system builders, and computer repair businesses.
More information about SP Home Run Inc. can be found at http://www.sphomerun.com/About-SP-Home-Run-Inc/
For interview opportunities and media requests, please contact:
Business Development Director
SP Home Run Inc.
Phone: +1 877-587-9580 x7
Email: media (at) sphomerun (dot) com