Since its launch in 2006, Xero has become the default accounting platform for many small businesses, but can its platform support the growth of your business? If you subscribe to Xero’s cloud-based accounting platform, that’s a question you should ask yourself before it’s too late. While being in the cloud brings benefits like accessibility, it does not necessarily mean it will be able to support the levels of business complexity that come with success.
Xero’s capabilities focus squarely on the small business market. While it often supports the needs of early-stage or single-entity businesses, many business owners find that they need something more sophisticated as they increase their workforce, enter new markets, and add to their product offerings. They are fearful that if they stress their existing business applications any further, “something will break.” So how can you know if, and when, it’s time to consider an alternative to Xero?
