A lot of business owners think accounting is mainly about looking backwards — preparing accounts, filing returns, and explaining what happened last year.

‍

But the numbers are far more useful before a decision is made.

Should you employ someone? Increase your prices? Replace a vehicle? Pay down debt? Expand the business?

These decisions shouldn’t be based on instinct alone.

‍

The best time to talk to your business advisor/ accountant is before the decision — not after it.

‍

Accounting will always involve looking in the rear-view mirror.

But its real value is helping you see the road ahead.

‍