Search can help your company from becoming a bad statistic.image20541 Check below to see where your company scores and if you pass the survival rate:

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