The results of a recent survey show that small businesses are poised for progress as long as they “continue to invest in new technologies, marketing, advertising, and face-to-face time with clients”. The details of the survey can be found here: (http://blog.accountant.intuit.com/intuit-news/intuit-survey-accounting-professionals-small-businesses-optimistic-about-growth/) In it, the article states: “In a considerable showing of resilience, 54% of small business owners said their companies grew in the last 12 months. Despite this growth, 80% of small business owners rate today’s economic climate as “just fair”, or “poor”.”
Through 2010, only a small percentage of small businesses invested in new technology to help maintain their success and grow their businesses. But in a surprising move, many said they utilized technology to market their business and expand their customer base. As the article states: “Small business owners see the use of mobile phone applications to communicate with customers or accounting professionals as important to future success, with 29% currently using online applications to access their accounting or financial information.”
The survey also asked small businesses how they communicated with their accounting professionals. E-mail and telephone were listed as the most common ways the two groups communicate, but many owners stated they value face-to-face check-ins with their accounting or financial professional. In addition, 75% of small business owners said their accountant or financial professional shares information with them in person.
If you are a small business owner, we here at Blackman & Sloop are always open to meet with you face-to-face to discuss the needs of your business. Please call our office to schedule an appointment and remember, corporate tax returns are due March 15th.
About Blackman & Sloop CPAs, P.A.:
Blackman & Sloop is a full-service CPA firm headquartered in Chapel Hill, North Carolina and is actively involved in auditing, taxation, management consulting, financial planning, and related services. The firm directs a large part of its services toward providing management with advice on budgeting, forecasts, projections, financing decisions, financial analysis, and tax developments. The firm also performs review and compilation services and prepares not-for-profit, corporate, individual, estate, retirement plan, and trust tax returns as well as technology consulting services regarding installation and training on QuickBooks. Blackman & Sloop provides services in Raleigh, Durham, Chapel Hill, RTP, Hillsborough, Pittsboro, Charlotte, and the rest of North Carolina. To find out more please visit http://www.blackmansloop.com
Contact: CPA cpa@blackmansloop.com
Toll Free: 1-877-854-7530 The Exchange West 1414 Raleigh Rd, Suite 300 Chapel Hill, NC 27517