Thoughts.

Are We A Cost Or An Investment?

As accountants, we're always helping our clients find ways to reduce their overhead costs - one of the
seven ways to grow your business. Did you know that your accounting fees are an overhead cost? Should
you be cutting this cost? Or do you view us as an investment?

Expenses are a necessary evil; we can't avoid them and often view them as a grudge purchase with little
value add.

An investment, on the other hand, is about the return on your spend - what you get back as benefits; more
cash, more discretionary time, or simply peace of mind that everything is done as it should be.

The true purpose of an accountant is to provide enduring value to you and your business. It’s no longer
just about annual accounts and tax. We believe that all our clients should have, at a minimum:

- An annual Business Plan
- An annual Cashflow Forecast
- Ongoing accountability coaching

Clients who are investing in these services are reaping the rewards. They know where they want their
business to go and have identified the goals they need to achieve to get there.

If you consider what you spend with your accountant to be a cost, then cut that cost; if you consider it an
investment, you need to invest now more than ever.

"The biggest expense is an opportunity cost." - Anon