2. Starting your own business is a great
endeavor for those willing to take the risks.
Bet big to win big, as they always say. And in
this case, it’s true enough. If an individual or
company can pull this off, why can’t you? And
with the help of a Davao based CPA, the load
just got a little lighter for you.
3.
4. Hiring an accounting officer is a major
milestone in your business. This would signify
growth, and probable expansion of your
company. Take for example a burger place.
Having a single restaurant and doing its
accounting is probably worth doing it yourself
than having to hire somebody. But when you
have three or more branches, the story just
changes dramatically.
5.
6. This is where Davao Accountants come in. They
free up your time and allow you to concentrate
more on what you’re supposed to do. Run the
core of the business, inside and out. You have
hired people to balance the books, and let them
do it. At the end of the day, you will not only
have a streamlined business, but you might
have also cut unwanted costs due to the
realignment of your structure
8. It’s all about the micro management from this
point on. You have to allocate what resources
go where, and basically you guide your business
into success. Micro management will only be
viable if you have a small to medium business.
Medium sized companies are even stretching it.
By then you would need to have your manager
and other support staff. But still you need your
accountant. A never ending process, their work
is continuous.
9.
10.
11. Con:
-They are under your employ thus paid a monthly
stipend.
-There needs to be an understanding between
employer and employee. Because this is a heavy topic,
there is a need for trust from both parties.
-Accountant must be well versed in his or her area. A
minor slip up could cost thousands or hundreds of
thousands of pesos lost. So each accounting season
must be perfect each and every time. There can be no
excuses for this
12.
13. Pro’s:
- A well versed accountant can give
invaluable money tips. - Your business
can be monitored inside and out.
-Control the flow of closer than ever.
Know where every Peso goes to.
-- A must need for growing businesses.
14.
15. Behind all the curtains of the business
industry, there is one factor that is more
important than your CPA in Davao. And that is
you as an owner. You have the wheel to make
your company grow, or crash it to the ground.
Whichever course it will run, it will always
reflect on you. As the person who started it all.
