01/04/2022
One of my very first, and still one of my best, clients gave me some good advice that applies to anyone starting a business. He asserted that to properly start and grow a business, the business owner needs to have the following professionals “in their corner”: an attorney, an accountant, and a banker.
In every meeting I have with a person that wants to start a business, I ask them if they have an accountant and banker. In today's online world you can easily find generic legal forms and automated accounting programs. You can even obtain business loans without ever talking to a banker. What you miss, however, is a personal relationship.
With an online legal or accounting company, you will likely only get an expensive piece of paper. With a personal relationship, you also get that person's professional knowledge and experience. They will have an understanding of you and your business, so they can apply their expertise to your individual goals.
It takes tremendous effort to start and run a successful business. Having a team of professionals to support and advise you can save both time and money. It may even become an essential factor in your success.