Advising clients in an economic downturn
Tools and tech might play an increasingly important role in the industry. However, firms can’t neglect human knowledge. This is the key to helping clients chart their way through turbulent economic waters.
Tools and tech might play an increasingly important role in the industry. However, firms can’t neglect human knowledge. This is the key to helping clients chart their way through turbulent economic waters.
Inflation’s at over 11% and still rising, the highest it’s been for 40 years. Rising costs
are hitting consumers and businesses hard and many accountancy firms’ clients are
struggling to stay open.
Accounting firms can use this economic downturn to showcase their advisory capability, to provide services that move the needle for their clients, suggesting strategies to keep them afloat or even keep them growing.
Discover the key steps accountancy firms can take to help their clients, but also their firms, better cope in the current economic climate.
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