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READ MORETelltale signs a business is in trouble
Accountants need to be alert to the signs that small-business clients are in difficulty and a checklist of questions can help, said CPA Australia.
Senior manager business and investment policy Gavan Ord said it could prompt members into having tricky conversations and validate their approach.
Mr Ord said clients were often totally unaware of the issues, primarily because they were not talking to people. “No one’s saying to them, actually your business is in serious trouble.”
Read more at Accountants Daily
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