Quote:
Originally Posted by Woodengun
You have to trust your accountant. Unless you want to do the accounting yourself. That doesn't mean give them (or anyone else) a blank check to do whatever they want.
If you run a good business you have to trust a lot of people. You cannot do everything unless you are running one of those fruit/vege stands under a pop-up tent on the side of the road.
Trusting others to do their job/role doesnt mean you dont need to know what they are doing. It means when you look at your financials you are aware of what goes into that p/l sheet and make sure thr numbers look good.
If you own a restaurant, you need to look at your food costs and make sure it is reasonable. But unless you are the chef you shouldn't be deciding how many heads of lettuce to order because you don't trust your chef to know.
If you own an auto shop are you going to look over the shoulder of every mechanic...go in every test drive, talk to every customer, receive every package, answer every call, sweep up every evening, clean the toilet every night because you cant trust anyone else?
Trust others to do their jobs...if you dont dont work with them. Know what every job/role does and understand them so you can assess if someone is trustworthy or not.
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Sound advice, sometimes people do try and input themselves into roles that the do not understand! Fail is around the corner in that situation unless you have a good, honest group around you