I recently appeared on a podcast to discuss what I believe to be a historical shift in the relationship between CPA firms and small business owners. Essentially, CPA firms need to be delivering information to business owners that they can use to make better decisions—far beyond rote tasks like filing and compliance.
So, why does your small business need more than a CPA firm? Well, when we talk about “CPA firms” in the podcast, we’re really talking about a type of firm that’s delivering baseline compliance and filing. Maybe there’s tax planning and accounting thrown there, but firms and clients benefit when business owners can sit down and look at accurate, relevant data.
As I say in the podcast, “Your gut is for digestion, not decision-making.” Scott asked some penetrating and insightful questions, and really, this is a short watch that small business owners can learn a lot from.
If you’re a small business owner, be sure to catch me and Scott Pepper, CEO of Mobilization Funding and host of the Construction MF’ERS podcast, talk about why your business needs more than just a CPA—you need a financial partnership that centralizes tax, accounting, financial, and advisory. It’s the fastest way to turn financial data into better decision-making, strategic thinking, and revenue growth.