What Not to Ask Your Accountant about Your Business Plan

If you’re a business owner of any sort, your accountant should be your guide to practically any and everything surrounding your finances. For things beyond your finances, however, your accountant isn’t necessarily someone you should look to for guidance. It’s important for your accountant to have a good look at your business plan; however, it’s not imperative that your accountant write it.

Here are just a few things you should never ask our accountant about your business plan:

To Develop Your Mission Statement

As much as your accountant will want to make sure he or she is involved with your business plan, your mission statement should be one of the things over which you have solid control. In fact, if you don’t know what your mission statement is, or even the purpose of your company, perhaps you aren’t ready to hire an accountant just yet. A great philosopher once said: “if you don’t know where you’re going, anywhere will get you there.”

To Write Your Business Plan

An accountant is there to help you handle the financial aspects of your business plan, not write it. That’s what a business plan writer is for, specifically to help guide you as you write your business plan. If you feel your accountant should do it, perhaps you need to revisit what an accountant’s role is.

How Much Money You Need to Spend

While your accountant can help you as you determine what you should and should not invest in financially, they can’t be babysitters for your business. Ultimately, how much money you spend depends solely on you and your business partner (if you have one).

What questions do you feel should be off limits to your accountant? We hear some pretty entertaining stories so leave your comments below.

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