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Most small-business owners lack necessary accounting skills

from Main Street

While the majority of small-business owners claim they are confident about managing their finances, only 45 percent can define basic accounting principles. A survey conducted by Staples, the office supplier, revealed that 94 percent of small-business owners said they can manage their finances, yet less than half can define the basic accounting principles such as "accounts receivable" and "accounts payable." more


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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063