Tax and accounting is one of the most important functions and need of any company. There are plenty of companies who need affordable accounting services. Similarly many accounting services that are available in the market, and I believe out of all about 60% are performing according to the SMBs needs. Some are offering offshore services and many are in your town or nearby locations.
Many startups are now taking services through cloud based accounting tools because it gives them real time information and the ability to share their data with their advisers and mentors. There are many topnotch cloud based accounting software available for your ease, but still you need a professional accountant services to sort out all the accounting needs.
Currently available accounting software in market are really flexible, reliable, scalable, and most importantly 100% secure. One of the most trustworthy accounting software ‘Intuit’, the brainchild of QuickBooks, discovers that a hefty amount of small and medium business enterprises, accounting firms and professionals in the U.S. are utilizing the hosted version of their software.
Nowadays many startups developed within partnership and co-founders prefer to manage their back office tasks at their own. After some time when their business grows or they are making more money, so handling customers become their utmost priority. So they simply go for bookkeeper or an accounting firm which can handle their all accounting stuff professionally.
Many startups or even companies failed in their initial stage due to bad financial handling or non-professional accountants. The overall failure rate of startups is more than 50%.
According to the Forbes
“80% of entrepreneurs starting a business fail within the first 18 months”
Managing finances professionally is mandatory and vital for every startup to take informed decision for the business growth and success. That’s why many entrepreneurs go officially with accounting firms, which are today’s most affordable and highly skilled services available in the market.
KCA offers the best services for your business like, taxation, affordable accounting services Singapore. If you have one of the running business and looking for affordable and highly experienced accounting services in Singapore then contact K Cloud Accounting, Singapore.