LBA Haynes Strand Blog 3 Ways Startups Benefit from Outsourced Accounting

According to the Small Business Administration (SBA) Office of Advocacy, about 80% of small businesses survive the first year. This seems like a high percentage considering the common belief is that most businesses fail within the first year. About half of those small businesses then reach the five year mark and only one in three makes it to 10 years. When starting a business, it is important to take advantage of every opportunity to help you become successful. Outsourcing your accounting is one way to get the financial portion of your business headed in the right direction from day one.