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  • Writer's pictureDaniel Anderton

Roaarrrrrr! Are you still using a dinosaur accountant

In today's fast-paced business world, it's important to have an accountant who can keep up with your needs and provide you with the most up-to-date advice and services. Unfortunately, not all accountants are created equal, and some are still stuck in the past. These "dinosaur" accountants can be a major disadvantage to your business, and here's why.

1. Outdated technology and processes: Dinosaur accountants are often stuck in their ways and resistant to change. They may not be familiar with the latest technology and software, which can make communication and data sharing difficult. This can lead to delays in getting your financial information and can make it harder for you to make informed business decisions.

2. Lack of specialization: A dinosaur accountant may not have the specialized knowledge or experience that your business needs. For example, if you're in the e-commerce industry, you'll need an accountant who understands the complexities of online marketplaces and the apps you use. If your accountant doesn't have this expertise, they may not be able to provide you with the guidance and support you need to grow your business.

3. Limited availability: Dinosaur accountants often have a large client base and may not be able to give you the personalized attention you need. They may not be available when you need them and may not respond to your queries in a timely manner. This can be frustrating and can lead to delays in getting the information you need to make important business decisions.

4. Lack of proactiveness: Dinosaur accountants may not be proactive in identifying and addressing potential issues with your finances. They may only provide you with historical financial information, which can be useful, but not enough to make informed decisions. A proactive accountant will help you identify potential problems before they happen and help you develop a plan to address them.

5. Inability to keep up with the changes: Dinosaur accountants may not be keeping up with the recent changes in the accounting and tax regulations. This can lead to non-compliance issues and penalties that could have been avoided.

It's important to remember that as your business evolves, so should your accountant. By working with a modern, forward-thinking accountant, you'll have access to the latest technology, specialized knowledge, and personalized support to help you reach your business goals. Don't let a dinosaur accountant hold you back, find a modern and proactive one that will help your business reach its full potential.

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