SMEs put their trust in the profession
A new survey has confirmed the wealth of opportunities for the profession in the small and medium-sized business sector, with more than a quarter relying on accountants for advice.
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Twenty-eight percent of those questioned said accountants were their most useful advisors, with only 15% saying they did not use them at all.
According to in-a-minutesolutions.com, which carried out the survey for Omnibus, 99.2% of all UK businesses are small, having less than 50 employees, with over 200,000 new company registrations every year.
‘This sector is a major opportunity for accountants, but only if the basic services can be offered at very reasonable prices without impacting on in house resources,’ said Barry Spencer-Higgins of In-a-minutesolutions.com, which provides services to the SME sector.