Lawyers, Bankers Lose Out


While it should come as no surprise to CPAs, a recent survey found that the nation’s small business owners overwhelmingly favored their accountants—over their bankers or lawyers—for business advice.

Nearly 82% of respondents said they turned to their accountant for advice. Lawyers came in second with 14%, while only 4% chose bankers.

The survey, conducted in August, also asked the 550 small business owners which of the three advisers was most crucial to their business success. Accountants again beat out bankers and lawyers, with 75% of respondents citing accountants as the key contributor to success, 13% choosing bankers and 12% selecting lawyers.

Source: SurePayroll.

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.