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Xero: Hiring a Public Accountant Makes You Money

October 4, 2014

A study commissioned this year by Xero, the cloud accounting upstart that is making inroads in Intuit's Quickbooks monopoly in the U.S. (editors note: we are both Intuit ProAdvisors and a Xero Bronze Partner), found that small businesses that used an outside accounting professional saw revenue boosted by 16-24% over those businesses that chose to go alone. 

 

The perception of many small businesses is that they can ill afford the expense of professional accountants. The Xero study prove again that the opposite is true. Not only does an outside accountant save you time that you can instead spend on your customers, they help in operational strategy and tax efficiency too, saving you more money than you spend on accounting bills.

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