my first thought is to never turn down business

someone else could do it, but why?

by ed mendlowitz
call me before you do anything: the art of accounting

one of my partners once was asked to recommend an accountant who could do corporate tax returns for a very large company.

more: i lost a client to an accounting firm with cheaper fees | getting a referral from an adversary | start with the cash | why a break-even analysis matters | how i owned a printing company and restaurant | am i happy? | my boss hated the client | fired from my first job | staffers need to speak up with clients | bored by cpe? you’re missing out! | clients buy solutions, not hours
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he was told it would take about 20 days and the fixed fee was an amount that was about a third of our normal rates. my partner was going to refer a cpa who sublet from us who seemed to have the time and he asked me if i thought the accountant could do it.
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i lost a client to an accounting firm with cheaper fees

businessman holding two papers with happy and angry face each on themwhy they came back.

by ed mendlowitz
call me before you do anything: the art of accounting

i have never been the lowest-priced accountant, but neither was i the highest.

more: getting a referral from an adversary | the background to saving a business | secret success formula: e=fs4uh | becoming an expert in irs collections | how hidden bias taints results | when to keep some plans to yourself | when writeups went extinct | kennedy’s acceptance speech | what consulting is
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sometimes prices charged are subject to the perception of the client and not reality. fees are always related to the value provided, although that isn’t always evident.
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getting a referral from an adversary

businessman standing outside the office on the phone with coffee… but don’t go fishing for one.

by ed mendlowitz
call me before you do anything: the art of accounting

one time i received a call with a referral from another professional who was an adversary in a contentious deal on which i represented a client.

more: how i saved a business | the staffer who was too smart | how i got a mercedes as a fee | hot shot sales manager is not such a hot shot | you must push the pencil | the art of the deal: starts with listening | be a sounding board to your clients
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i thanked him but expressed surprise because we seemed to always be at each other’s throats.
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the background to saving a business

pay attention to the parameters and you can do great things.

by ed mendlowitz
call me before you do anything: the art of accounting

it’s important to get an up-close look at a client’s business in order to save it.

more: how i saved a business | start with the cash | why a break-even analysis matters | how i owned a printing company and restaurant | am i happy? | my boss hated the client | fired from my first job
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i’ve discussed how i rescued a business that was in danger of closing because of unpaid taxes. i thought about some additional details that should be shared with readers, so here goes.
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to save a business, plan the details

a businessman with some jigsaw puzzle pieces in his handdesperate times might require bold moves.

by ed mendlowitz
call me before you do anything: the art of accounting

i once saved a client’s business that the irs was in danger of closing. here is the nitty-gritty.

more: how i saved a business | start with the cash | why a break-even analysis matters | how i owned a printing company and restaurant | am i happy?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the owner wanted to be able to walk away without her business. she would be broke and would lose her house, but she wouldn’t have a continuing debt for unpaid payroll taxes.
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how i saved a business

happy business professionals giving high five hand slapa step-by-step breakdown.

by ed mendlowitz
call me before you do anything: the art of accounting

saving a business creates one of the greatest highs you can have in accounting.

more: start with the cash | secret success formula: e=fs4uh | becoming an expert in irs collections | high cpa fees should be a client’s goal | how hidden bias taints results
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i remember one instance when i received a referral for a business in another state requiring a plane trip.
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start with the cash

extreme close up of female hand with pen pointing on cash flow document.after all, what is most important?

by ed mendlowitz
call me before you do anything: the art of accounting

one time i was asked to audit a hotel in florida that was going to be foreclosed on by the mortgagor and for which i was paid in advance.

more: secret success formula: e=fs4uh | the staffer who was too smart | how i got a mercedes as a fee | hot shot sales manager is not such a hot shot | you must push the pencil | the art of the deal starts with listening | working for a jerk | the ‘wrong’ cpe
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the audit was planned and scheduled, and it looked like we had everything under control from our end as much as we could.
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secret success formula: e=fs4uh

woman and man shaking handswhat do you do?

by ed mendlowitz
call me before you do anything: the art of accounting

einstein developed a simple formula that provided the solution to the cosmos, energy and matter. well, by working on it long enough, with determined, focus i just developed my own formula for the solution to client financial success.

more: the staffer who was too smart | why a break-even analysis matters | how i owned a printing company and restaurant | am i happy? | my boss hated the client
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

it’s e=fs4uh. and it stands for “ed = financial security for you at a higher level.”
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