The New York Times rates poor accounting as the 4th top reason in a scale of 10 why small businesses fail.Countsystem seeks to help micro and small businesses build accounting system for sustainable economic growth to allow them focus on core businesses. The services offered are as follows bookkeeping, accounting, audit, tax, and other support services.The Nigerian Service Industry for Accounting is a fast growing one. The bookkeeping enterprises made up the larger segment of the market delivering to all micro and small businesses needs.The micro, Small and Medium Enterprises account for 54% of Nigerian's Gross Domestic product. The boom of the enterprises have remained the orphan child of the accounting industry till date.As a result of the above challenges, Countsystem is seeking to build a company that provides accounting services for sustainable economic growth for micro and small enterprises like bookkeeping, accounting, audit, tax fillings and other support services.These acccounting services are structured in both offline and online, making it affordable and possible for every entrepreneur.Accounting and bookkeeping services help business owners in accountability, data for decision making, ability to focus on core businesses, scalability of busineeses.And most importantly, the individual business owners will have control of their their numbers. it is to be noted that without proper bookkeeping and accounting, a business is just flying blind waiting for the doom's day (wind up).The risks associated with setting up Countsystem lie mostly in the ability to tap into the market, high cost of professional training and inconsistency of government policy.However, these will be mitigated by our partnerships, aggressive strategy, services mix that allows for high margins of some services, lean startup model and plans to ultimately transit to full-fledged auditing and technology consulting company
Social Link - Linkedin: http://www.linkedin.com/company/countsystem
Employee Count: 3
Keywords: b2b