MONEY CAN`T BUY YOU SME LOVE

Released on: April 22, 2008, 2:37 am

Press Release Author: 10 Yetis Public Relations Agency

Industry:

Press Release Summary: Demonstrating that money cannot buy you everything, Richard
Branson has topped a www.kashflow.co.uk poll of business heroes as voted for by
business owners themselves, beating the world’s third richest man, Bill Gates, into
2nd position.

Press Release Body:

In a recent poll commissioned by online accounting software firm www.KashFlow.co.uk,
936 business owners were asked to identify their business hero. Chairman of the
Virgin Group, Richard Branson topped the polls with 34%, with the third richest man
in the world, Microsoft Chairman Bill Gates coming in at 2nd place.

As the poll below shows, net worth was obviously not the deciding factor for many
SME owners. Ex Dragons’ Den business angel Richard Farleigh and current Dragon Peter
Jones came in third and fourth places respectively, despite their combined worth
being less than a third of 5th placed Stelios Haji-Ioannou.

Dragons’ Den’s success in terms of viewing figures is potentially the reason that
three of the Dragons made the top 10, although Duncan Bannatyne will almost
definitely be “out” when he sees that he only just scraped in at 10th place.

Despite a 2003 Labour Party survey that revealed 30 per cent of business owners are
women, the results of the KashFlow poll only featured one female, Oprah Winfrey. The
American chat-show queen is worth an estimated $2.5 billion and came in 9th on the
poll with 3.5% of the vote.

Below is the full top 10, including the percentages of owners who voted for them.

Business owners had a choice of potential business heroes to choose from, with 92.9%
of those polled selecting one of the top 10 as their role model.

The full list of MD’s and CEO’s up for votes included; Katie Price, aka Jordan, who
received 0.6% of the votes, Jamie Murray Wells, Sir Alan Sugar, Simon Woodroffe,
James Caan, Deborah Meaden, Doug Richard, Donald Trump, Victoria Beckham and Rupert
Murdoch.

Name - - % - Estimated Net Worth
1. Richard Branson - - 34% - Ł4.4 billion
2. Bill Gates - - 14% - $58 billion (2008)
3. Richard Farleigh - - 10.3% - Ł66 million (2006)
4. Peter Jones - - 8% - Ł300 million
5. Stelios - - 7% - Ł1.29 billion
6. Steve Jobs- - 5.4% - $5.4 billion (2008)
7. Michael O’Leary - - 4.7% - €466m
8. Warren Buffet - - 4% - $62 billion (2008)
9. Oprah Winfrey - - 3.5% - $2.5 billion
10. Duncan Bannatyne - - 2% - Ł200million

Duane Jackson, Managing Director of accounting software firm, KashFlow said,

“It is clear that entrepreneurs really admire the runaway leader Richard Branson,
and maybe this is down to his never say die attitude and his willingness to put his
personal reputation on the line in the search for good media exposure. Maybe if Bill
Gates has shown the same passion for Public Relations he would be on the top of the
poll.”

He continued,

“We commissioned the survey to help us understand how we should be marketing
ourselves to SMEs and build long term relationships along with winning even more
market share. It is clear that business owners aspire to companies and individuals
who aren’t afraid to take a calculated risk in pursuit of their goals.”

KashFlow launched its flagship product, an online tool specifically designed to help
owner-managers in small businesses manage their accounts, in mid 2005.

Since that time it has quickly won a significant share of the valuable accounting
software market along with launching a new direct to accountant division in late
2006.

In late 2007 KashFlow won a Business Software Satisfaction Award, judged entirely by
customer feedback, for the category of web-based accounting beating the likes of
Sage and Netsuite.

The KashFlow accounting package is securely hosted online, requires no installation
and can be trialled for 60 days for free by visiting http://www.kashflow.co.uk .

The site also displays examples of feedback from actual users.

END

Editors Notes

For further information contact andy@10yetis.co.uk or 01452 527898.

In 2007 KashFlow won a Sift Media award, judged entirely by customer feedback, for
the category of web-based accounting beating the likes of Sage and Netsuite

KashFlow has received two rounds of venture capital funding from Lord Young of
Graffham, former Secretary of State for Trade & Industry and ex Chairman of Cable
and Wireless

KashFlow won the 2007 Software Satisfaction Awards category of Best Web-Hosted
Accounts

KashFlow is simple to employ, with users instinctively knowing where to click to
perform almost any accountancy task

Owner managers are able to effectively manage their accounts with no need for
software training or prior knowledge of accountancy

KashFlow has been featured in the likes of the Financial Times, Daily Mail, The
Daily Telegraph, The Mail on Sunday and all the leading accounting magazines.

*Source: ONS

MEDIA QUIZ

Unbranded (so you can pass it off as a gift) for the first journalist to send the
correct answer to the following question to andy@10yetis.co.uk

Q: What was the old name for Hawaii?



Web Site: http://www.kashflow.co.uk

Contact Details: Andy Barr, Robinswood Suite A, Gloucester, UK, GL1 1SL, 01452
527898

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