In the accounting and professional services space, practitioners are becoming increasingly entrepreneurial.
The term entrepreneurial describes the ability to see opportunities that others miss and the courage to take calculated risks to push an organisation forward. Entrepreneurs are innovative because they aren’t limited by conventional thinking.
As such, many accounting and professional services firms are not just about record keeping, transactions and tax returns anymore. They have expanded into areas like business advisory services for small-to-medium enterprises including financial analysis, government grant applications, and mergers & acquisitions.
This shift from repetitive, low value compliance-orientated tasks to higher value, strategic tax and business advice has come about because many professionals are listening and responding to changing client needs.