client service opportunities

what’s lousy, the client or your approach?

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ed mendlowitz cpa the practice doctor q and ainvestigate why problems exist.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i have a client that is a not-for-profit and they are having a dinner and expect me to attend as well as take an ad.

more practice doctor q&a: too much paper, too many drives | do you want to keep this employee? | how to know everything | checklist for running a practice | hate meeting people? try improv (no joke) | help clients, increase revenue: make sure everyone on staff knows your firm’s full menu of services | how to sell your practice

however, they are a lousy client. they do not give us the requested information until the last minute and then complain we are always late with our report. they pay us months after the bill is sent and then only after quite a few phone calls, and then they complain about the fee being too high when it is half of our time charges – they are on a fixed fee and don’t let us raise it each year. and now they expect a “contribution.” what should i do?
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how improved longevity could affect life insurance planning

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pink elephant in the sky with a watering can. illustration

new medical findings may impact how advisors and fiduciaries can get the best results for their clients  

by steven zeiger
waxman lawson financial

in 1977 epidemiologist, richard peto from oxford university posed “the elephant paradox.” peto theorized that a biological protective mechanism prevented cancer in elephants. elephants are 100 times larger than humans.  therefore, their cells have replicated 100 times more than humans, and each replication is a chance for a cancerous mutation.  according to huntsman cancer institute’s oncologist dr. joshua schiffman, “they (elephants) should all be dropping dead of cancer and going extinct. but they have less cancer (than humans).”1

if scientists could understand why elephants don’t get cancer, they could control or eliminate cancer in humans. this resulting increase in longevity would affect all aspects of insurance and investments.  financial and estate planning strategies would need to be re-evaluated. fortunately, scientists did solve the mystery in late 2015.

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linkedin launches accountant-for-hire service

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linkin profinder listing
linkin profinder listing

new buying service promises accountants projects and ongoing assignments.

by hitendra patil
pransform

the shared economy, contingent workforce, millennials’ preference for work-life balance, the cloud, artificial intelligence, big data. everything is converging to disrupt traditional business models of many industries and professions.

and accounting is not immune to disruption. on the contrary, accounting is ripe for disruption. note carefully. it is all only “disruptive.” not “destructive.”

riding the new reality, the undisputed leader of business social media – linkedin – is now leveraging its platform to help shared economy workers get new clients.

meet profinder: accountant’s new opportunity  (and a new threat?)

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why credentials are worthwhile

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ed mendlowitz cpa the practice doctor q and aadmission to tax court is just one example.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i appreciate your offer to help me pass the test to become admitted to the u.s. tax court. i question whether it is worth the effort. can you enlighten me?

more practice doctor q&a: everyone needs strategic planning | help clients, increase revenue: make sure everyone on staff knows your firm’s full menu of services | how to sell your practice | when a client balks at necessary work | 14 ways to use timesheet data | why more firms are trashing timesheets | how much overhead is too much? | when partners stop growing | clear billing procedures make collecting easier | there’s more to growth than marketing | how to make staff a team again

answer: what is the value of any credential?  if you don’t use it, or did not earn it, or will not promote it, you might not realize or feel any value, so perhaps you should not make the effort.
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