Decrease in Small-Business Bankruptcies


According to a recent article by Kathleen Kim, small-business bankruptcies have decreased by about 17% in the last quarter.  Could it be that we’re witnessing an economic recovery?  Often small business success is the barometer of a healthy economy.  If this sector continues to improve at its current rate, we could see another 20% decrease by December, which is where we were at the onset of the recession.

Amy Crews Cutts, Senior Vp and Chief Economist says, “All the conditions are ripe for us to be healthy participants in the economy.  Businesses, small or large, are seeing not only a return to profitability but a reason to expand.”

Self-Employment is a Powerful Option

Many think that a recession is the worst time to launch your own financial practice.  But you can see that now may be the perfect time to start your own business!  And even at the end of this recession, small businesses continue to look for ways to cut expenses, and you could offer them a great alternative that will not only save them money, but perhaps help them earn more.

Small businesses are required by law to keep financial records.  However, most of them cannot afford to keep an accountant on their payroll—that’s where you step in.  As a contract accountant and tax professional, you could manage the finances for multiple small businesses.  You can guarantee to cut their expenses and maximize their earnings which will more than pay for your fees.  What small-business owner wouldn’t recognize the value in that?

Not to mention, there are countless small businesses in need of these services.  If you don’t believe us, thumb through your local yellow pages to see just how many reside in your area.  They represent a huge pool of prospective clients that could keep you busy year-round.

The Professional Bookkeeper Program

Over 30 years ago Universal Accounting Center (UAC) recognized a need.  Small businesses were failing as the result of poor financial management.  And the majority of accountants were not trained to respond to their unique needs.  In creating the Professional Bookkeeper (PB) Program, UAC designed a course that trains students in the day-to-day tasks required by small business.  The PB program not only produces small-business accountants, but Profit Experts who enable the small-business owner to make more informed and lucrative business decisions.

When you enroll in the Professional Bookkeeper Program you have access to the following:

  • Flexible training you complete on your own time and at your own pace
  • Rich and engaging training DVDs you can view again and again
  • Hands-on instruction through which you gain much-needed experience
  • Training in building and marketing your new practice
  • 6 months of valuable follow-up support
  • The opportunity to earn professional certification
  • Our iron-clad risk-free guarantee

The Universal Practice Builder (UPB) Program

But in order for clients to learn just how valuable your services are, they need to learn about them through your marketing efforts.  The Universal Practice Builder Workshop is designed to train you how to promote your practice in order to experience significant growth and profitability.  Imagine all that you could learn from our experience training thousands of individuals like you!

This program offers the following:

  • $30,000 in new annualized billings in only 12 months
  • Tactical goal planning and setting
  • The generation of 15 to 25 qualified leads per month
  • Phone marketing instruction and training
  • Training in the benefits of newsletters and websites
  • 12 proven marketing strategies
  • Financing options

Built a stellar practice by enrolling in these two programs today!  They’ll teach you not only how to understand your clients’ unique needs, but how to satisfy them.  The market is changing; take advantage of it now!  Call 1-877-833-7909 to become the premier contract accountant in your area!


Kim, Kathleen.  “Small Business Bankruptcies Continue to Drop.”  22 August 2012

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