Most good accountants are great at reading the data and giving implementable advice to their customers to help improve that bottom line. They are worth their weight in gold if they can tell you at a glance about seasonal fluctuations, government policies that may affect you and areas where you can streamline or invest to get the most productivity. But all of this great insight and advice is worth very little if actions aren’t taken. That is where your accountability coach comes in.
When you became self-employed or bought/took-over your business, I bet you thought that having someone on your case (like a boss), was in the past.
As humans, we’re very good at putting things off. That dental appointment, getting Xero reconciled and taking steps to improve your business, get moved to the end of the list in favour of instant gratification tasks (and the social media rabbit hole – don’t pretend that you don’t know what I’m talking about).
An accountability coach becomes your secret weapon of productivity;
Need to spend time getting your website built? Everyday you get to check in with your accountability coach that you’ve done half hour and that equates to a fully functioning website that can make you more sales without having to employ more sales staff.
You know a quite period is coming up so need to set up a marketing plan now. Your accountability coach can make sure you’ve scheduled posts, set up an onboarding system and are putting your best foot forward to reach your target market.
An accountability coach can save you from burn out. They can tell you when you need a break, when you’ve done enough, and you just need to trust the process. This is one of the hardest things for driven business owners to do, but it is vital to avoid a crash, that could wipe you out. Reducing your time out of the game.
You’ll build a trusted working relationship with your Accountability Coach
They’ll be someone you can reach out to when the unexpected happens, when you just can’t see the start point. You will be able to discuss the whole experience of being your own boss including all the ups and downs of being a human (health, dependents, confrontations, anxiety, personal barriers and financial realities). Because a good Accountability Coach knows from experience that being the boss means that the business needs you to be able to make clear decisions and life doesn’t hit pause just because you’re in work mode.
Like your Accountant and/or Bookkeeper, an Accountability Coach can be part of your team. The team that supports You as the business owner. Just because you’re self-employed doesn’t mean you have to go it alone.
Note: MBP will only be responsible for the terms and conditions for an engagement undertaken directly with MBP. If you undertake a new engagement with a separate firm or a related entity you will need to enter into your own contractual arrangements directly with that firm or entity. We will not accept any liability in respect to any work they may undertake for you.