If your clients are causing you frustration, you aren't
alone!
Picture this: Your client is a manufacturer. There is great
demand for your client's product, they've hired the right
staff, and competition is slim. Business should be booming right?
Yet your client is struggling. Why?
Accounting software company, Intuit, surveyed 500 accountants
and bookkeepers, asking what their biggest problems were in their
SME business. The top three responses were:
- Lack of proper record-keeping, including the mixing of personal
and business expenses.
- Not using accounting software.
- Not understanding the importance of cash flow; Not keeping
track of bills and debts.
This reflects what we as insolvency practitioners see every
day.
