- October 2, 2017
- Posted by: Ian McManus
- Category: Business Advice
Business advice is something that all accountants need to consider providing. Gone are the days when accountants merely offered bookkeeping, tax filing, and other conventional services. Nowadays, firms are providing a wider scope of services to their clients, and advisory is a key one of them.
By offering advisory services, you will have the platform to attract more clients, build loyal relationships, and boost your profit levels. By sourcing the right KPI dashboard, you will be able to provide your clients with solid advice on how they can improve their business and increase their profit levels. An increasing number of companies are willing to pay accountants a monthly, quarterly, or yearly fee for this service. If you don’t provide this service, you could find yourself losing out on customers to the competition, which is something no business can afford. Of course, they can access a business dashboard themselves, but they don’t often have the skill or the time to use it effectively. As a professional accountant, you are much better placed to interpret data and provide solid advice on how your clients can achieve their goals and take their business to the next level. These clients will trust your advice, especially when you use reporting software to compile clear and effective reports on their business and where they are at present. This type of software is going to give you the ability to create reports with the click of a button, which will save you a considerable amount of time and ensure there is a high profit margin on this service.
All things considered, it is quite clear to see that there is a need to offer business advice services at your accountancy firm if you do not already. This all begins with sourcing the right finance dashboard for your business to ensure you can provide a first rate service.