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E-Myth – “Why most small businesses don’t work & what to do about it”

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Chartered Professional Accountants E Myth

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Helping Canadian businesses beat the odds!

Accounting Outsourcing | Working In Teams Of Two For Accounting

One of the most important things that entrepreneurs can do right away in their business, is higher a great accounting outsourcing company that is going to be able to help them succeed. The failure rate for entrepreneurs is very high in Canada, with 50% of all businesses closing by their fifth year in business. The accountants at Spurrell and Associates aim to minimize the failure rate of small businesses, by giving them great accounting services, early on. By being accessible to new entrepreneurs as well as small businesses, they hope to change the success rate for businesses.

One of the things that make Spurrell and Associates different from many other accounting firms, is because they implement teams to accomplish all of the accounting outsourcing for their clients. Rather than having one accounting technician work on a file at a time, every client they have is assigned the same team of two accountants that they refer to as Associates. These Associates are able to get to know the client very well, through all of the projects that they work on throughout the years for them. This ensures a level of familiarity that is not possible otherwise. When Associates are familiar with the clients, their business, and what is most important to them, they can deliver a very high level of work.

One benefit to having teams of two is that there is a built-in redundancy so that if someone gets sick or injured, or is on vacation, the client will never have a gap in the services that they get. It is extremely important as small businesses, that they get all of their tasks done on time, and this system can give them that peace of mind. Even if one of the associates is on vacation, and an entrepreneur has an urgent matter come up unexpectedly, they know that they will be able to call the office and speak to an associate that is already familiar with their business and their files.

The chartered professional accountants at Spurrell and Associates find that when Associates work in teams of two, they are delivering a higher level of work, and better accounting outsourcing from the beginning. While the still review the work that these Associates do on a regular basis, the quality starts off is much higher, and they need to spend less time correcting mistakes. The reason for this is because two people thinking through problems, coming up with solutions and strategies is better than one. They can collaborate in order to bounce ideas off each other, and being able to efficiently solve problems. By working in these teams, there delivering a high level of service to their clients consistently.

By having a unique approach to business, and delivering accounting outsourcing to their clients, Burrell and Associates are helping change the failure rates of small businesses, at least for the clients that they have. It is very important that entrepreneurs hire a great accounting firm early on in their entrepreneurship, to give than the best chances they can have for succeeding.

Accounting Outsourcing | Working In Teams Of Two Four Accounting

A significant problem for many entrepreneurs is that they know that they would like a very high value of accounting for working on their accounting outsourcing, but as small businesses and new entrepreneurs, they are not able to afford that. Larger businesses tend to have an advantage because they are able to afford the right accountants that are going to be able to help them succeed. That is Burrell and Associates chartered professional accountants is an accounting firm that aims to help small businesses and new entrepreneurs have the same advantages that large companies have of great accounting services. However, they are dedicated to giving small businesses that high level of service at a price that they can afford.

One of the ways that they accomplish this goal, is by hiring accountants who completed their undergrad degree, and are working towards completing their chartered professional accountants’ designation. Because they are not designated accountants yet, they are able to be hired at a lower rate, as they work through their education. Then, spiral and Associates put them in teams of two, where they can work on the time-intensive work required to get the accounting outsourcing done for the clients. They have discovered that teams of two can deliver an extremely high level of service. Since they are able to be hired at a lower rate, as they complete their schooling, this can help Spurrell and Associates keep their prices low for their clients. By doing this, they are delivering the best possible service at prices small businesses can afford.

The reason why teams of two can deliver an extremely high value is because of the collaboration that they have by working together. Not only can they get to know client very well, but they can share ideas, and effectively problem-solve together. By the time the manager of the firm reviews their work, more eyes have seen it, and it is a better product for the client. In order to facilitate this kind of collaboration that is meaningful, spiral and Associates have designed workstations for all of their teams. This allows the teams to sit at the same workstation, and easily see each other ís computer monitors so that they can more easily collaborate and problem-solve together. Also allows managers of the firm to review their work easily, and if needed, the three can sit together the figure of very complex problems very easily and very efficiently.

Another reason why Spurrell and Associates is different, is because they allow these teams to sit in client meetings. This will allow them to learn very early on what is important in the meeting, and what is important their clients, so that they can deliver accounting outsourcing that is meaningful. By sitting in on these meetings, there able to focus on what matters most so that can impact their work.

When entrepreneurs want to give their businesses all of the advantages of large companies, but prices they can afford they should reach out and contact the Associates at Spurrell and Associates, they offer free consultations, and they can be booked any time simply by calling the phone number 780-665-4949.