Free consult & free copy of book

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

Contact Us


Most 5 star CPA Google reviews in Canada

Read Reviews

Chartered Professional Accountants E Myth

1 Fixed Monthly Fee - Planning | Accounting | Taxes | Consulting

Helping Canadian businesses beat the odds!

Edmonton Tax Accountant | Do Great Accountants Multitask

There are several things that entrepreneurs can look for in the Edmonton tax accountant they hire for their business. One of those things is to see how the workflow of the office is. The reason why this is important, is because any business professionals, accountants included believe that multitasking is an efficient way to get more accomplished. However, this is not the case, in fact multitaskers are actually more inefficient, getting even less done than those who are not multitasking at all. The reason why, is because it takes a brain 23 minutes in order to reach its peak productivity. Every time someone is interrupted, it takes their brain 23 more minutes to get back to that level of productivity. Therefore, multitaskers not only are not getting more done, there actually getting less done because they never reach that level of productivity.

Entrepreneurs should be very concerned when the Edmonton tax accountant that they are looking to hire says that they rely on multitasking to get even more accomplished for their clients. This is especially concerning, since most Edmonton tax accountant firms are charging their clients by the hour. Therefore, clients can stand to reason that if they encounter an accounting firm that says they multitask, that those clients are getting charged more hours than they need because of the tendency to multitask.

Some of the reasons why an Edmonton tax accountant says that they multitask, is because they are using software and technology to automate certain processes. And while this can be an efficient way to work, it should not actually make an accountant more efficient. I will it should help them do is automate the lower level work, so that they accountant can get higher level work done to a higher level.

Work that an Edmonton tax accountant should spend more time on when they automate the lower level work is business plans and financial plans. These the tools that are going to make a huge difference to entrepreneurs, which will allow them to be successful and grow their business. Therefore, Edmonton tax accountant should spend more time whenever possible on that aspect of their work, but also avoid automating that process, because an automated business plan a financial plan will be less likely to be efficient.

One way that an entrepreneur can ensure that the Edmonton tax accountant that they hire is focusing on the higher level services that truly make a difference to how successful an entrepreneur can be, would be to see what the businesses mission is. By hiring an Edmonton tax accountant that focuses on helping entrepreneurs succeed, should give a business owner peace of mind that they will do whatever they can to ensure that there providing the tools that a business owner will be able to use to succeed in business. Therefore it is very important that entrepreneurs are aware of how their Edmonton tax accountant operates, and what their goal is, so that they can end up hiring an accountant that is dedicated to helping them succeed in business.

Edmonton Tax Accountant | Do Great Accountants Multitask

one of the great myths of multitasking, is that it allows people to get things done more efficiently even if there in Edmonton tax accountant. However, entrepreneurs should understand that not only is multitasking not efficient, but it is the opposite of efficient as well. Therefore, many laptop lifestyle accountants think that they can get more done for their clients by multitasking, and working off their laptop so that they can spend less time at work.

These types of Edmonton tax accountant firms should because an entrepreneur to be very concerned, especially since they typically charge clients an hourly rate. Not only is working on laptop not effective, but it can end up with a lot of wasted time, by working slowly, adding more downtime and being harder to troubleshoot and fix issues on. Therefore, any entrepreneur that notices that their Edmonton tax accountant is using a laptop, should be concerned that they are more likely getting charged more hours than they should be paying.

It is also very important for an entrepreneur to understand that when an Edmonton tax accountant works solo, they are not utilizing the collaborate of process that helps accountants troubleshoot problems, and come up with solutions. The matter how good an accountant is, the collective wisdom of a group is better. And any time an Everton tax accountant has a problem that they need to solve, by being able to work in an office, will allow them to call on that collective wisdom of their coworkers, so that they can troubleshoot and fix problems faster.

Chances are much higher that in a group of accountants, one of them has seen a problem similar to that before and already knows how to solve it. And on the off chance that the accountants have not seen this type of problem before, they can put their heads together and come up with a solution much quicker as a group than an individual accountant could on their own.

It is also very important to note that it can be very hard to be motivated as a solo Edmonton tax accountant. Many people get their motivation from seeing progress, they can be very motivating to see other hard-working people. Therefore, when an image tax accountant works in an office with others, they are more likely to be able to be motivated and stay motivated. When they are working all alone, they may not be motivated, and only does their work suffer, but how quickly they can get work accomplished as well.

There are many things that business owners should take into consideration when hiring an Edmonton tax accountant for their business. Not only should they be satisfied about how the accountant does work, but they should also ensure that they are comfortable with how efficient they are able to work, because ultimately their going to get charged an hourly rate, they have to be comfortable with how that hourly rate is calculated for their business.