Information is Power
If you think you only need an accountant at tax time, you may want to think again. Good business accounting is not just about balance sheets and tax returns. A knowledgeable accountant can help you can track your business's finances and give advice to ensure that it's running at the optimum level. In addition, your accountant is an excellent resource for business consulting and informational purposes. Whether you need to get your financial statements in order to obtain financing, make better everyday business decisions, or you need advice to improve your cash flow, exploring the spectrum of the services of BusinessCents can help you tap into an invaluable year-round resource.
We stay educated on the latest business news, tax laws, and legislature, and pass relevant information on to you.
This leaves you more time to focus on what you do best—running your business and bringing in revenue. The statistics below are designed to give you an overview of the importance of accounting and the benefits of outsourcing this critical business need. As you will see, accounting is not just about "number-crunching". It is a valuable service that no successful business can live without.
Accounting Statistics
Is your company destined to become another "statistic"? Both the frequency of your accounting and the quality of the records you keep can dramatically affect your company's survival rate. Here are the statistics:
Frequency |
Survival Rate |
Monthly |
79.9% |
Quarterly |
61.5% |
Annually |
36% |
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