nine things women entrepreneurs need from their cpa
DESCRIPTION
Experts agree that women entrepreneurs are positioned to take an increasingly significant role in the U.S. economy. View this presentation to learn how key advisers who understand the unique needs and challenges of women entrepreneurs can help your business grow. 9 Things Women Entrepreneurs Need from Their CPA is based on Tebay & Associates work with some of our region’s leading women-owned businesses.TRANSCRIPT
Tebay & Associates, LLCCertified Public Accountants
NineThings
WomenEntrepreneurs
Need From Their
CPA
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
Women-Owned Businesses: Growth is the Key
40%
60%
Women-owned businesses account for 40% of all privately-held firms . . .
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
Women-Owned Businesses: Growth is the Key
. . . but only 3% of of women-owned firms have revenues of $1 million or more, compared to 6% for men-owned businesses:
3%
97%
6%
94%
Women-OwnedBusinesses
Men-OwnedBusinesses
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
One obstacle to growth is lack of specialized resources for women entrepreneurs
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
CPAs are a natural fit for this role, due to their unique relationships with business owners
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
But some CPAs donʼt recognize the unique situation of women entrepreneurs, or have the specialized experience
to help women-owned businesses grow
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
Does Yours?Consider how your CPA rates on these nine factors . . .
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
Things Women Entrepreneurs Need from Their CPA
9
Tebay & Associates, LLCCertified Public Accountants
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Women entrepreneurs must feel their CPA treats them as an equal and really listens to them
Respect1
Tebay & Associates, LLCCertified Public Accountants
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To ensure asset protection, many women entrepreneurs want a level of confidential planning that goes beyond the
standard CPA code of conduct
Confidentiality2
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Fiercely protective of their integrity, women entrepreneurs view their CPA as a reflection of their own high standards
Integrity3
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Women entrepreneurs expect to be a high priority to their key advisors
Priority4
Tebay & Associates, LLCCertified Public Accountants
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Women entrepreneurs are often strong planners who want to utilize their CPA for a broad range of business
knowledge and advice
Range of Advice5
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Women entrepreneurs need their CPA to be well-versed on overcoming challenges or seizing opportunities unique
to them
Awareness6
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Women entrepreneurs expect their CPA to work cooperatively with, and support the involvement of,
their entire business team
Team Support7
Tebay & Associates, LLCCertified Public Accountants
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The CPA must recognize how the woman entrepreneur wants to address special needs and communication for
their family
Family Support8
Tebay & Associates, LLCCertified Public Accountants
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Women entrepreneurs must feel completely sure that their CPA places her and her businessʼs best interests first
Trust9
Tebay & Associates, LLCCertified Public Accountants
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The right CPA can be a crucial step toward long-term success for the woman-owned business
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
About Tebay & AssociatesTebay & Associates is a full-service accounting and business advisory firm located in Perrysburg, Ohio. Founded by Managing Partner Garth Tebay, CPA, CVA, MAFF, CM&AA, the firm specializes in the needs of small and mid-sized, closely-held companies. The firm has developed a particular expertise in working with family and women-owned businesses.
Tebay & Associates, LLCCertified Public Accountants
www.TebayAssociates.com
801 W. South Boundary, Suite CPerrysburg, OH 43551
(419) 931-3005