Small businesses make a huge contribution to both local and global economies. Unfortunately, starting and growing a small business is fraught with challenges. In the UK, as many as 50% of small businesses fail in their first year of trading, while a staggering 95% fail within their first five years.
At Pearson Buchholz, we understand the importance of small businesses. We also understand the challenges you face. Our online accounting platform partners, Xero, have realised this too. Because they deal with every business size, Xero appreciate first-hand the importance of proper financial planning and accounting for small businesses.
Xero have recently carried out an investigation into what separates successful entrepreneurs from those who fail. They have compiled their findings into a report designed to help aspiring entrepreneurs find their feet and avoid some of the most common pitfalls. If you are a small business owner, this report is a valuable resource that could give you the support you need to manage your accountancy for success.
For more expert accountancy advice and support, call Pearson Buchholz today on 01865 865800 or contact us here.