Business    Page 26

Category: Business

Client feedback

The Importance of Client Feedback

Client satisfaction feedback is critical if we are to improve the weaknesses in our client servicing, while continuing to build-on our strengths. We need ...
consistency

Consistency

The key to exceptional business results is consistency. If you do nothing else, be consistent.  Consistency doesn’t mean being the best at something, or ...
client satisfaction

Client satisfaction

Client satisfaction is defined as ‘the number of clients, or percentage of total clients, whose reported experience with a business, its products, or its ...
client retention

Maximising client retention

To maximise client retention, you should do five things. Firstly, keep a record of the clients lost, and clients gained. This includes the type ...
client satisfaction

Five Factors Affecting Client Retention

The five factors affecting client retention are client satisfaction, client delight, client switching costs, client relationships, and client service standards. Client satisfaction - Unsatisfied ...
client retention

Client retention

Client retention is really any activity that a practice undertakes in order to reduce client losses. Client retention is about exceeding the client’s expectations so ...
the trouble with debt

The Trouble With Debt

The three ways accountants can get in trouble with debt financing their practice are: Using short term debt to make long term investments. Doing ...
compliance tax agent

Funding Established & Expanding Practices

Established practices have less funding needs than new practices as they are well established and producing ongoing revenue that covers the practice costs and ...
Practice investment

Funding New Accounting Practices

Accounting practices, like all businesses, require funding to start, operate, and grow. The funding requirements of practices vary depending upon whether they are a ...
Money back gaurantee

Service Guarantee

The 18th century entrepreneur Josiah Wedgewood pioneered the satisfaction-or-money-back guarantee as a marketing strategy on the entire range of his pottery products. He took ...