Small Business Shuns Outside Financing


Small Business Shuns Outside Financing
E ighty-one percent of small business owners said they have never received outside equity or debt financing, according to a survey by SurePayroll. More than half (55%) of respondents said they had no need and no future plans for external funding.

For those businesses that tapped outside capital, debt financing was most popular, with 40% financing growth through debt and only 29% using equity financing. The remaining respondents obtained a combination of the two.

Source: www.surepayroll.com .

JOB SECURITY

SPONSORED REPORT

Building client loyalty with payroll services

In this report, CPA experts detail their tactics for performing successful payroll services, how to mitigate risk in the process, and the impact payroll can have as a value-added service.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.