The most valuable resource we have in this world is our time.
I am very communicative with my clients and they really appreciate that extra effort in my services. I feel in any business relationship or any type of relationship-communication is key to maintaining a healthy partnership.
Years back when I was an auditor working at BDO I was doing an inventory observation at a manufacturers warehouse(Large Manufacturer of Vitamins on Long Island. The one thing I noticed that they were storing tons of expired product, and this was happening throughout all of their warehouses around the country. This was brought up to the client- and the net savings for storage fees alone was in the millions.
From the initial stages I would put the client on quarterly accounting and keep an eye on trends. I would do an analysis each quarter to see what kind of story the data is telling. Also, employing various tax saving strategies as this frees up more working capital.
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