What does an accountant do for a small business?

What does an accountant do for a small business?
A small business accountant does many things, including the following:
• Form your business
• Help write a business plan
• Audit your cash flow
• Find cost-cutting opportunities
• Advise on business strategy
• Manage debt
• Chase down payments
• Write and submit loan applications
• Plan budgets
• Set up your accounting software
• Manage inventory
• Recommend business tools
• Help open new bank accounts
• Oversee payroll
• Year-end financial reporting
• Prevent audits
• Advise on personal finances
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