Rundown: Forbes.com 20 Most Profitable Small Businesses

Check out the Forbes.com listing of the 20 Most Profitable Small Businesses. Are your business borrowers on this list?

Guess what? CPA firms top the list. Does this mean I should have stayed in public accounting instead of developing a niche practice serving community banks and credit unions? Hmmmmmm….

By the way, this list was compiled by my favorite source of industry averages and financial statement analysis software provider, Sageworks. They have a division that serves CPAs which is why their information is so current. Every time a CPA inputs information for their client analysis it updates their industry information. The bank division provides a more in-depth analysis for credit decision-making.

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Linda Keith, CPA

Linda Keith CPA is an expert in credit risk readiness and credit analysis. She trains banks and credit unions throughout the United States, both in-house and in open-enrollment sessions, on Tax Return and Financial Statement Analysis.
She is in the trenches with lenders, analysts and underwriters helping them say "yes" to good loans.
Creator of the Tax Return Analysis Virtual Classroom at www.LendersOnlineTraining.com, she speaks at banking associations on risk management, lending and director finance topics.