Business Consulting Las Vegas - Accountants
One of the biggest concerns that we have with our Las Vegas business consulting clients is, "How do I succession plan for my business?". In other words, 'How does the business owner build his business, grow it to a substantial size, and either have his children take over the business, have key employees take over the business, or just sell it to a third party?'. Business consulting in Las Vegas in an important first step, because typically it takes from 5 - 10 years to be able to transition the management, the style, and the culture that you developed in your business, as well as to make sure that the next generation wants to participate in the business in that way, or that there are key employees that have been trained and nurtured to operate the business and that they have been given sufficient control prior to you wanting to retire or transition out of the business completely.
Often times in Las Vegas it does take the management and the owner a few years where they may work closely with that replacement party (whether it by a child, or an employee, or even a third party). So they may have an employment contract for 2 or 3 years subsequent to the actual sale of the business. A successful business consulting plan is important because it provides for the continuing of the business, it allows the employees to feel secure and safe - that they have a job that will last for many many years, and it also allows the owner to feel good about the methods that he has used in preparing his business to meet the demands of the future.
As accountants in Las Vegas, we'd like to share some thoughts that you might be having if you're looking for an accountant, and what you should be looking for. In working with a lot of different business owners and having relationships with a lot of the clients that we have, I think that for a company, or an individual, who is searching for accountants in Las Vegas, they want to find someone who they can build a relationship with, that they trust.
It's a lot like finding a doctor that you're comfortable with. You want to find an accountant that you can be comfortable with, that understands you, that understands your business needs (if you have a business) and has experience with working with your tax situation or your business needs that you have. Those are some of the important characteristics that you want to look for as you're searching for a CPA.
You want to find an accountant, as well, that has a good reputation in the community. Before making a final decision on an accountant, take the time to find out what they've done in the community. You can find this information online, or by asking around. Good accountants carry a good reputation. Those are some of the key points that I would identify that you would want to find in accountants in Las Vegas.
As a Las Vegas accountant, one of the things that I get asked a lot is, "What should you ask an accountant in Las Vegas if you are considering hiring one?". One of the most important things is there licensing (their credentials, exactly what they have other licenses in). You should contact their state board of CPAs and the American Institute of accountants to see whether or not there has been any disciplinary actions put against them, and also check out their licenses - they usually do have them posted in their offices.
One of the other things that you should ask a Las Vegas accountant about is their fees: how do they charge you, is it an hourly billing, is it a value billing, what exactly will they charge you for phone calls, what type of meetings can you have with them on a regular basis? You want to make sure that you understand that before you hire an accountant. Additionally, you want to ask them how you could reduce your fees. Do you charge me less or more if I bring in a box of receipts? Could I possibly do some of the work and keep my fees at a minimum? One of the last things that I would consider asking them is 'what their strategies are with their financial statements and their tax returns?'. Are they aggressive, or are they conservative? You want to hire someone who is exactly like yourself. If you're aggressive and you like to take an aggressive strategy on your tax return, you want to make sure that an accountant is willing to look at that without disobeying the laws.
Often times in Las Vegas it does take the management and the owner a few years where they may work closely with that replacement party (whether it by a child, or an employee, or even a third party). So they may have an employment contract for 2 or 3 years subsequent to the actual sale of the business. A successful business consulting plan is important because it provides for the continuing of the business, it allows the employees to feel secure and safe - that they have a job that will last for many many years, and it also allows the owner to feel good about the methods that he has used in preparing his business to meet the demands of the future.
As accountants in Las Vegas, we'd like to share some thoughts that you might be having if you're looking for an accountant, and what you should be looking for. In working with a lot of different business owners and having relationships with a lot of the clients that we have, I think that for a company, or an individual, who is searching for accountants in Las Vegas, they want to find someone who they can build a relationship with, that they trust.
It's a lot like finding a doctor that you're comfortable with. You want to find an accountant that you can be comfortable with, that understands you, that understands your business needs (if you have a business) and has experience with working with your tax situation or your business needs that you have. Those are some of the important characteristics that you want to look for as you're searching for a CPA.
You want to find an accountant, as well, that has a good reputation in the community. Before making a final decision on an accountant, take the time to find out what they've done in the community. You can find this information online, or by asking around. Good accountants carry a good reputation. Those are some of the key points that I would identify that you would want to find in accountants in Las Vegas.
As a Las Vegas accountant, one of the things that I get asked a lot is, "What should you ask an accountant in Las Vegas if you are considering hiring one?". One of the most important things is there licensing (their credentials, exactly what they have other licenses in). You should contact their state board of CPAs and the American Institute of accountants to see whether or not there has been any disciplinary actions put against them, and also check out their licenses - they usually do have them posted in their offices.
One of the other things that you should ask a Las Vegas accountant about is their fees: how do they charge you, is it an hourly billing, is it a value billing, what exactly will they charge you for phone calls, what type of meetings can you have with them on a regular basis? You want to make sure that you understand that before you hire an accountant. Additionally, you want to ask them how you could reduce your fees. Do you charge me less or more if I bring in a box of receipts? Could I possibly do some of the work and keep my fees at a minimum? One of the last things that I would consider asking them is 'what their strategies are with their financial statements and their tax returns?'. Are they aggressive, or are they conservative? You want to hire someone who is exactly like yourself. If you're aggressive and you like to take an aggressive strategy on your tax return, you want to make sure that an accountant is willing to look at that without disobeying the laws.