Based on our past poll, the majority of those who responded do their own bookkeeping or have an internal staff person who performs this work. These results are not surprising since owners of small to medium-sized businesses in many industries focus initially on getting their primary operations up and running, “wearing all the hats” in the early years. However, over the past decade, more business owners are realizing the advantages of outsourcing their bookkeeping and accounting needs. ODs should understand this trend as well, as it could lead to their practices’ successful future growth.
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