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worth to try or not?

Discussion in 'Business Operations' started by Frontier-Lawn, Sep 21, 2005.

  1. Frontier-Lawn

    Frontier-Lawn LawnSite Silver Member
    Posts: 2,949

    would it be worthwhile to try to swap services with a accountant? i do his lawn for free and he does my accounting at no charge? and also how do you pick out a accountant?
  2. GreenUtah

    GreenUtah LawnSite Senior Member
    from SLC, UT
    Posts: 866

    bartering services is as old as commerce itself and carries quite a few advantages. It allows getting goods or services to be traded without laying out cash(always nice) and has the added benefit of trading your goods or services at your regular price and getting something of equal value when your actual cost to produce those goods or services is less then the value of the transaction. Meaning, if your profit margin is 20% and you traded $100 dollars worth of goods, it cost you $80 to get the $100 in value. Finding an accountant to trade with won't be difficult, nor are many services for that matter. Choosing the accountant that's right for you has very few hard and fast rules. Being a CPA familiar with service businesses and your local tax laws are about the only hard & fast rules. The other aspects revolve around being able to help you understand strategies and numbers related to growing your business, an aggressiveness that matches your own philosophies and the ability to do the services you would like to have done(say payroll for instance). For these reasons, the choice comes down to choosing someone that communicates well with you as an individual and shares your views on tax and growth strategies.

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