As noted in the story about the Bakery Barn, CPA Sean Perich's small business venture, trying to be everything for your business is often an impossible task. Due to the fact that solid accounting procedures are one of the lifelines for your business, it makes sense to hire an accountant even if you are knowledgeable about that functional unit of the business.

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While it is important to have a basic understanding of accounting procedures, it is often beneficial to hire an accountant to ensure that your business is staying financially healthy and compliant with regulations. Trying to be an expert in every area of your business can be overwhelming and unrealistic.

As Noted in the Story About the Bakery Barn, CPA