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Jan26
Small Business Deal Makers & Deal Breakers
button%20customer%20service.pngAccounting Web in the UK reports on research about small business owner-accountant relationships.

I found the results interesting and informative. Most of us in small business could learn from these findings, regardless of our field. 

The research 

reveals a client base that is more ready than ever to vote with its feet, but eager to build close relationships if the service is right.

Small Business Deal Breakers

  • incorrect advice
  • lack of personal touch
  • high fees

Of these criteria, lack of personal touch was the most definitive deal breaker with 65.8% of the vote.

Small Business Deal Makers
Small business owners engaged the accountants due to
  • personal recommendation
  • reputation

Interestingly, about one third of respondents would have paid for additional services saying they would "welcome their accountant filling a role similar to a business partner."

This appears to be a missed opportunity for both parties.

The survey also showed that a majority of respondents are happy to communicate with their accountants online.

  • How can you find out what other services or products your clients would be prepared to pay for?

  • What makes you stick with a business? What are deal makers and deal breakers for you?

© Customer Service Image courtesy of Yvonne Russell at Grow Your Writing Business.com


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