How to get authentic Quickbooks help sitting at home
There are many problems
that are constantly faced by small business owners. The biggest among these is
the problem of cash. Most of the small businesses fail within the first year of
their existence because of money problems that range from lack of funds to
liquidity at the right moment. If there is just the owner running the business,
he is the only person failing when his business fails. But when he also has
several employees, all of them fail collectively. Quickbooks, the most popular
online accounting software of the world, understands the problem of cash flow
for small business owners. Quickbooks payroll help appears to be the
first step in solving the problem of these small business owners.
In a survey conducted
among small business owners, it was found that nearly 53% experienced sleepless
nights at one or the other point of time because of their inability to pay the
salaries of their employees. More than 1/4th of these business
owners admitted to arranging money from other sources to pay money to their
employees. Majority of owners revealed that they were helpless and knew their
business growth was affected because of the problem of cash flow.
Intuit, the parent
company of Quickbooks, organizes annual conference called Quickbooks Connect.
This year the theme of the conference was solutions to the problem of cash flow
faced by business owners. Speakers acknowledged that the solution to this problem
lies in new technology as well as human connections.
Most of the retail
businesses are cantered on human beings. Here, business growth comes from human
relationships and not technology. Owners survive the problem of lack of funds
through these relationships only. It depends upon your ability to nurture deep
and meaningful relationships to survive and grow your business.
It has been the endeavour of Quickbooks all
along to increase this survival rate of small businesses. Quickbooks help
to these business owners is a result of its effort to pay attention to their
grievances. The company has a system of receiving honest feedback from its
customers that is used to develop solutions for their problems. The company
tries to understand the problems of its customers as it is necessary to come up
with a solution that is customized according to their requirements.
The company has come to
the conclusion that interruption in cash flow really breaks the back of most of
the business owners. If a client is late in its payment or does not pay the
bill altogether, it results in the owner not being able to meet the payrolls of
its employees. In some situations, owners can manage with late fees or
interest. But many owners have to face lawsuits filed by their employees. In
some cases, owners faced a big challenge even when they had arranged for gap in
cash flow as they had to make a payment for an emergency.
Quickbooks has come up
with a new feature called Cash Flow Planner that will make use of predictive
analysis and AI to notify the owner about cash flow situation for the next 90
days. It will sound alert if it senses any cash flow crunch in near future.This post was first published on:- http://allaboutinternet.home.blog/2020/01/23/quickbooks-solves-the-problem-of-small-business-owners/
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