business report
tries to also break out into financial investments, loans, business and financial planning.
The business has a good area of white and blue-collar types passing by visiting doctors. The manager also has good tactics on how to pick up clients by sparking up a conversation and explains what they do and how good they are. There for the client sees them as a good company. The weaknesses of the buiness are very limited and when they are revealed to the client they are minimized or just a minor mistake all together.
In other words the government build walls (laws) and accountants just find holes in them.
The only challenges that are faced are competion, up dating to the latest laws and technology. The concern on competion is the clients taking interest to someone else. As the saying goes “your clients maybe here today but where will they be tomorrow, meaning don’t know the future of your clients. that’s why you’re always trying to attract more clients. The tax laws are always changing and accountants just try to find glitches in its laws so they have to know the tax system very well. Updating what you can be taxed on and what is refundable. Technology is a big time waster, when you are downloading something that is explaining a topic.
The stakeholders to the company are obviously other accountants looking for some extra clients or trying to buy out their compotion. The business has to forfil a couple of standards put forward by the government and the Australian tax office. One of these is noting every single change or deduction made by the accountant or by any other staff.