business-financial-advisor

The Difference Between a Lawyer, Accountant and a Financial Advisor

When it comes to business, it’s important to surround yourself with people who can help you, both at the beginning and throughout the life of your business. Lawyers, accountants and financial planners all have important roles to fill when it comes to business. Some of these people may be needed on a regular basis, while the need for others comes and goes, depending on what your business goals are.

For instance, financial planning is essential before you even start your business, to ensure the concept is a viable one. Without this in your business plan, the lenders won’t be able to tell if the idea is a good one that will make a profit; something they need to know if they are going to lend you money. A financial planner can also help you grow your business once it is established. They can ensure you get the most out of your business profits by creating an investment plan. Simply putting money in the bank is not the best way to invest it these days.