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TaxTalkOnline can help your company from becoming a bad statistic. Check below to see where your company scores and if you pass the survival rate:

 

 

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How frequently you do your accounting can affect your company's survival rate:

Frequency	Survival Rate
At Least Monthly	80%
Quarterly	72%
Half-yearly	50%
Annually	36%

How good your records are kept can also affect your company's survival rate:

Accounting Records	Survival Rate
Excellent/Good	63%
Average	50%
Inadequate	20%
Poor/Non-existent	3%

Source: The Small Business Book; Robert Hamilton and John English

 

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