Red Flag Alert Data has revealed the scale of opportunity available to accountants operating in Yorkshire.
Our data shows:
Yorkshire saw 21,000 new businesses open in the last 6 months.
Very few of these companies will have an accountant in place. The first company to approach them with a good offer is likely to win their business.
There are more than 350,000 companies active in Yorkshire.
Each of these businesses represents an opportunity. Some companies will need an accountant, others won’t be happy with the one they have. Some will be in a unique situation that could require additional expertise.
35,000 of these companies risk going insolvent within 6 months.
Businesses in this situation are likely to need the specialist services accountants provide. For example, you could approach these companies and offer financial planning services or support applying for emergency loans.
439 of these 35,000 companies are Accountants themselves
As and when these firms begin to fail they will leave behind substantial client books of customers in direct need of accountancy services and expertise.
Red Flag Alert can help you take advantage of these opportunities.
We provide data on all of the UK’s 6.5 million companies plus tools to help accountants find clients and avoid losses.
Discover how Red Flag Alert’s experienced team can help you mitigate risk and protect your business. Why not get a free trial today and see how Red Flag Alert can help your business? or read how Armstrong Watson utilises our platform.