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The Bookkeeping Market
Every business is required by law to maintain proper bookkeeping records and there are fines and penalties for not doing so. According to government statistics there are 4.7 million businesses in the UK in. Up to 96% are the Crunchers target.
The bookkeeping market is fragmented with services offered from qualified and non-qualified bookkeepers and accountants.
There is always demand for bookkeeping services and businesses generally choose to out-source their bookkeeping because they are inexperienced, and are unsure of what to do, or too busy and want to free up some of their valuable time.
Bookkeeping services for a micro or small business is more of a lifestyle choice than a business service. Business owners are increasingly choosing to outsource jobs to free up time for leisure and family.
Demand for personal outsourcing services is forecast to grow. According to research by Evalueserve, total outsourcing revenue from small businesses was more than $250 million in 2006 and is likely to grow to more than $2 billion by 2015.
Business owners that do their own bookkeeping now use computers although up to 45% of businesses have not yet adopted financial software. This is because the leading financial systems are too complicated.
The market is ready for a company than can offer the market a choice of easy to use bookkeeping software or a fully outsourced bookkeeping service.
Interested? Call today on 0800 59 999 59
What do you think?
Are you working too hard for the money you're getting?
"Clients love the Crunchers system"
Tory Wagg - Crunchers Oxford
Crunchers latest news
29/04/2010
Crunchers now offers potential franchisees a trial option.
19/02/2010
Next month sees the release of our new year-end report for accountants.
08/02/2010
Our first week of calling around accountants in Cornwall was really positive as 66% of accountants were interested in exploring working with Crunchers.