basenine is the coming together of data and cloud computing
Survival and Frequency of Accounting Reports...
An Australian study* found that businesses which only prepared and reviewed financial statements annually had a 36% survival rate but that rose to 79.7% for businesses who prepared and reviewed monthly accounts.
This study has shown the failure to regularly report data has a direct result on the survival rate of a business.
basenine enables you to easily, accurately and regularly enter your businesses data to provide you with both revenue and costs incurred - giving you the information required to keep track of your business
*Source: Williams A.J A Longitudinal Analysis of the Characteristics and the Performance of Small Business in Australia.