10 Most Successful Tactics Small Business Owners Use To Overcome Financial Problems

10 MOST SUCCESSFUL TACTICS TOOVERCOME FINANCIAL PROBLEMSACCORDING TO SMALL BUSINESS LEADERS

FAS - FONTANILLA ACCOUNTING SOLUTIONS  |  KATY, TEXAS

250 SMALL BUSINESS

OWNERS WERE SURVEYED

Source: KPMG Small Business Accounting

Small business owners were asked what helped them

overcome financial problems?

Source: KPMG Small Business Accounting

#1 TACTICMOVING TO AN ONLINE / CLOUD-BASED

ACCOUNTING SYSTEM.

USED BY 79% OF SMALL BUSINESS OWNERS

#2 TACTICCHANGING ACCOUNTANT.

USED BY 76% OF SMALL BUSINESS OWNERS

#3 TACTICEMPLOYING SOMEONE FULL-TIME.

USED BY 74% OF SMALL BUSINESS OWNERS

#4 TACTICEMPLOYING SOMEONE PART-TIME.

USED BY 74% OF SMALL BUSINESS OWNERS

#5 TACTICTAKING ON MORE FINANCIAL ADMIN YOURSELF.

USED BY 67% OF SMALL BUSINESS OWNERS

#6 TACTICASKING YOUR EXISTING ACCOUNTANT TO DO

MORE.

USED BY 64% OF SMALL BUSINESS OWNERS

#7 TACTICRAISING FUNDS VIA ANOTHER METHOD.

USED BY 56% OF SMALL BUSINESS OWNERS

#9 TACTICUSING A RECEIPT SCANNING APP.

USED BY 55% OF SMALL BUSINESS OWNERS

#10 TACTICRAISING FUNDS FROM A BANK.

USED BY 49% OF SMALL BUSINESS OWNERS