Xero Beautiful Business Fund
Xero announced the winners of its inaugural Xero Beautiful Business Fund, where 28 small businesses and non-profits received a share of the $460,000 global prize pool. This fund, launched in 2023, aims to support the growth plans and future success of Xero customers worldwide. The winners were selected in four categories across seven countries, including a global winner in each category.
Innovating for Sustainability
- Global winner: Constantia Food Club
- Australia: Suitcase Records
- Canada: More Granola
- New Zealand: Kiwi Skips
- Singapore: Style Theory
- South Africa: Constantia Food Club
- United Kingdom: Oat Float
- United States: Hand Me Up
For further details on the winners of the Innovating for Sustainability category, please refer to the following link.
Strengthening Community Connection
- Global winner: We Care Connect
- Australia: We Care Connect
- Canada: Building Up
- New Zealand: Toko Rugby Football Club
- Singapore: Art Outreach Singapore
- South Africa: Oranjezicht City Farm Market
- United Kingdom: The Together Project
- United States: Rock Recovery
More on the winners of the Strengthening Community Connection category, here.
Trailblazing with Technology
- Global winner: Buzz Burrows
- Australia: Natura Pacific
- Canada: Hoot Reading
- New Zealand: Buzz Burrows
- Singapore: Oysterly
- South Africa: Mygrow
- United Kingdom: Let’s Go Physio
- United States: SuvaNova
For further details on the winners of the Trailblazing with Technology category, please refer to the following link.
Upskilling for the Future
- Global winner: The Seam
- Australia: Rattlepod Landscapes
- Canada: Scimar
- New Zealand: Intricate Developments
- Singapore: Oriental Remedies Clinic
- South Africa: Curate
- United Kingdom: The Seam
- United States: Moonlighter FabLab
For more information on the winners of the Upskilling for the Future category, follow this link.
State of the Industry Report
Xero just released its State of the Industry Report for accounting and bookkeeping practices in 2023. Insights include:
- Practice growth showcases industry resilience: 75% of practices have increased revenue and 73% have grown profit over the past 12 months.
- Advisory services strengthen client trust: 41% of practices surveyed offer client advisory services. They added more clients in the last year compared to other practices.
- Cloud adoption empowers practices: Practices that use cloud-based software saw higher staff retention (66%) and were more likely to report increased revenue and profit.
This report will help you
- Understand key shifts: Equip yourself to make data-driven decisions and position your practice at the forefront.
- Maximize cloud benefits: Unlock the potential to enhance efficiency, client engagement, and service delivery in the digital age.
- Turn insights into action: Turn challenges into opportunities for growth and steer your practice towards greater success.
Download Xero's full report here.