Universal Accounting Announces More Than 20% Growth in Revenue and New Students in 2009
Company Proves Accounting is an Attractive Profession with Record Growth Amid 2009 Recession
Tweet-- Universal Accounting®, the nation's largest training center for accounting, bookkeeping and tax preparation with its Profit Expert™ Programs, announced 2009 was a record year for total students and revenue over the company's 30-year history. Amid the recent economic recession, Universal Accounting found that many professionals were motivated to start their own accounting business and the company grew from nearly 2,000 students in 2008 to 2,500 in 2009. In addition, Universal Accounting revenues reached $6.4 million, up about 23 percent from $5 million in 2008, the company's previous best year.
"As we celebrate the 30th anniversary of Universal Accounting, our company is also pleased to record our most successful year in terms of revenue and new students," said Allen Bostrom, CPA, Universal Accounting CEO, and author of popular business books In the Black, Nine Principles to Make Your Business More Profitable, and Red to Black in 30 Days. "Our success, coming at a time when many businesses struggled to keep the doors open, demonstrates that the techniques we teach our students in how to launch and operate a business in the black work."
Universal Accounting attributes its record growth to multiple factors, including:
- Introducing a revised educational product, the popular Professional Tax Preparer Program in 2009;
- Wider acceptance of Universal Accounting's professional designations of Professional Bookkeeper (PB), Quickbooks Specialist (QS) and Professional Tax Preparer (PTP); and
- Successful implementation of Universal Accounting's marketing strategies. The company teaches these same strategies to students interested in launching and growing their own practices.
"The most satisfying part of Universal Accounting's success is that we've helped thousands of students start and run their own successful accounting, bookkeeping and tax preparation business," said Bostrom. "By enabling professionals to take control of their own future and financial well-being, Universal Accounting employees are energized everyday."
ABOUT UNIVERSAL ACCOUNTING
Universal Accounting offers seminars, interactive tutorial software, training guides and booklets, as well as personal coaching and even pre-packaged marketing programs to help its students be successful. Universal Accounting students are provided proven and achievable business models that allow them to make money, diversify their income and obtain financial security by starting their own business, or making their company more profitable.
UNIVERSAL ACCOUNTING PRODUCTS
Universal Accounting offers various training courses to meet students' needs:
- Professional Bookkeeper Program (PB)
- Professional Tax Preparer Program (PTP)
- Professional Bookkeepers Guide to QuickBooks Program (QS)
- Universal Practice Builder Program (UPB)
- Master Coaching (MC)
- Client Generator (CG)
COMMUNITY INVOLEMENT & LEADERSHIP
Universal Accounting also provides free educational content from its weekly newsletter Accounting and Bookkeeping Tips and hosts a popular online accounting forum called the Accounting, Bookkeeping and Small Business Forum.
Blogs & Social Media
UNIVERSAL ACCOUNTING CONFERENCE
The company will host its second annual Universal Accounting Conference in Salt Lake City, Sept. 20-21, 2010, designed for anyone who is interesting in starting or growing an existing accounting, bookkeeping or tax preparation business.