According to a study by SCORE, an organization that mentors small businesses, 82% of small businesses fail due to cash flow mismanagement, emphasizing the importance of maintaining accurate and organized financial records. Bookkeeping plays a crucial role in helping...
Accurate bookkeeping is the cornerstone of a successful business, yet many small business owners struggle to maintain it. According to a 2022 study by Clutch, 25% of small businesses still rely on pen and paper for bookkeeping, while nearly 40% of businesses admit to...
Introduction If you’ve been running your business for a while, you’ve likely experienced the stress of falling behind on bookkeeping. According to a survey by Intuit, 64% of small business owners feel they are not equipped to handle their financial needs, and one of...
Introduction Many small business owners take on the task of bookkeeping themselves, believing it will save money and give them greater control over their finances. However, according to a survey conducted by Clutch, nearly 40% of small business owners reported making...
In today’s digital age, businesses are increasingly turning to professional bookkeepers to manage their financial records. According to a survey by SCORE, a resource partner of the U.S. Small Business Administration, 82% of small businesses experience cash flow...
Written by the OneBooks Team Finding bookkeeping services for your business is a critical responsibility, as it involves the management of your financials. Any errors committed in this area could become expensive problems further down the line and could cause your...