Automating business processes is a hot topic these days. I’m seeing articles popping up talking about automating client onboarding, posting to social media, and other ongoing repeated tasks. But sometimes, you need to do something in a batch only one time. You can still win big time savings by setting up a single use automation!
It is often said that over half of new businesses fail during the first year. I have good news for you. The latest reports say that it is actually only about 20% of new businesses that fail the first year. So one in five new businesses will fail the first year, not half.
Are you feeling encouraged yet?
Unfortunately, the follow up to that statistic is that 30% of small businesses fail in their second year of business and you are looking at a 50% likelihood of business failure after five years.
But Intuit, the maker of QuickBooks, has some encouraging news: you can significantly improve your likelihood of success by working with an accounting professional.
Our commitment to your success is part of how we make your financial life beautiful.
What does it mean to be an accounting firm of the future? It can definitely look a bit different from one modern accounting firm to the next. In the case of All About Business Services, it means embracing technology, streamlining processes, and parlaying the results into becoming a transformative advisor to our clients.