(781) 850-5705
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Lack of strong accounting systems and business processes is one of the underlying reasons why small businesses fail to grow. I know what you are thinking - accounting system and processes don't generate sales, I just need to sell more!
You are right, accounting and business processes don't generate sales. However, Lack of strong accounting systems and business processes can give you two things that elude most small business owners and hinder business growth:
Most small business owners take too long to make decisions due to lack of accurate financial information
Implementing a strong accounting system will provide you with information such as the true cost and profitability of each of your business products and services. Recording all the financial transactions into the accounting system is less tedious, efficient, and accurate as compared to manual bookkeeping.
Lack of a clear business structure or processes leads to miscommunication and unaccountability
Though small business owners wear many hats, a clear structure will act as a guideline of what needs to be done and when. Clear defined roles will help you leverage your employees time more effectively and free you to grow your business through sales, marketing and managing customer relationships.
To find out how you can implement QuickBooks or Xero for your business, please contact me at
(781) 850 -5705 or asobusinesssolutions@gmail.com for a free consultation.
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