With the global coronavirus pandemic impacting everyone, some businesses are opening up while many others are locking down. Even the accounting industry with a recent market research study by IBISWorld. They predict a marginal increase-perhaps even a lull in growth-for accounting firms for the rest of the year and the next. That is due to several factors, including:
- A decline in the demand for in-person services
- Firm closures due to health & safety precautions...with staff still on payroll,
- New competition entering the market.
As for us, we have always remained the same despite the pandemic. Talking to our clients frequently and on the phone or online through zoom. All without the need to meet in-person while following protocols on social distancing. Even through difficult times, we have continued being there for business owners out there who need to know critical data on their business with leading technology, blog, and youtube videos to not only survive but thrive. So don't worry, we update you on anything crucial so your business can adapt and evolve!