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Eight Surprising Stats About Small Businesses and Accounting

1. 62% of small business leaders surveyed feel that there is nothing else their accountant could do to reduce taxes. http://bit.ly/1NOXoxI [Tweet this stat]

3. 88% of small businesses say they are either very satisfied or somewhat satisfied with their accounting services. http://bit.ly/1NOXoxI [Tweet this stat]
4. Only 42% of small businesses have a CFO or controller. http://bit.ly/1NOXoxI [Tweet this stat]
5. As many as 1/2 of all small businesses surveyed say they outsource payroll. http://bit.ly/1NOXoxI [Tweet this stat]
6. Only 40% of small business owners feel they are extremely or very knowledgeable about accounting and finance http://bit.ly/1NOXoxI [Tweet this stat]

8. 47% of small business owners don’t understand how ghost assets impact their books. http://bit.ly/1NOXoxI [Tweet this stat]
Looking for more information about the small business accounting landscape? Make sure to check out our full Small Business Accounting Report.