What Does the Future Hold? - Ellis CPA

What Does the Future Hold?

Statistics tell us, 80% of all businesses fail within 2 years, 96% fail within 10 years, 95% of the 4% that survived won’t reach $1 million; nearly -0- won’t make it to $10 million. Most owners say their business is worse off this year than last year. 40% said their CPA provides little or no help. Apparently 60% is satisfied despite the fact that the same survey said most businesses are not profitable.

All those statistics are likely to get worse going forward into the chaotic, disruptive 21st Century with massive tax increases, Covid, lockdowns & general disarray. To survive the next couple of years, you will need to be as good as you can be, and will require better accounting, tax & advisory services than you have now. Ellis will fill that void.