Information - CPA power. Feb 1991 Information - CPA power.
Many small businesses fail due to poor planning.
CPAs can prove invaluable as business advisors for small businesses, helping their clients find solutions to their problems and in developing industry expertise by accessing the proper information sources. The great increase in information resources provides CPAs and small businesses with access to a wide range of industry expertise. A large number of small businesses are discontinued each year because of poor planning. CPAs already perceived as important advisors can help their clients avoid problems and develop their own industry expertise by using the vast resources of the information industry. All the services require in-depth knowledge of clients' businesses and the industries in which they operate.