Thursday, November 22, 2012

Elvis Presley - Keeping Close to the Accountant

We don't usually think of Elvis Presley giving financial advice but see the quote below:

 I have no use for bodyguards, but I have very specific use for two highly trained certified public accountants.

Elvis Presley

Elvis had it right. Every business person needs to keep close to their accountant. It doesn't mean you will follow all of their advice, but the circumspect use of accounting advice will keep your business safe and also ensure that you are claiming all that you can.

The first bit of advice I got when I started as a manager was, Keep close to the money guy...

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