Bookkeeper Accountant CPA: Which to Hire for Your Consulting Startup?

Early on, I made the mistake of trying to handle the accounting for my consulting startup by myself – it did not go well. Once you get past the earliest stages of your consulting or professional services business, you do need professional accounting support.

Very early on, a bookkeeper can help establish some of your accounting foundations in regard to:

  • Data entry
  • Recording transactions

As you progress, an accountant/CPA can provide:

  • Financial guidance
  • Tax advice
  • Support in case you’re audited

If your business continues to grow, you can consider hiring a full-time or fractional CFO to support:

  • Financial strategy
  • Planning for future targets and expansion

Regardless of which type of accounting professional you’re looking to work with, consider:

  • Their experience within your industry
  • Growth that they’ve supported for other companies
  • Their up-to-date knowledge on accounting tech

Watch the video to learn more.

 

Feras Alhlou

Feras Alhlou

Feras has founded, grown, and sold businesses in Silicon Valley and abroad, scaling them from zero revenue to 7 and 8 figures. In 2019, he sold e-Nor, a digital marketing consulting company, to dentsu (a top-5 global media company). Feras has served as an advisor to 150+ other new startup businesses, and in his current venture, Start Up With Feras, he's on a mission to help entrepreneurs in the consulting and services space start and grow their businesses smarter and stronger.

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