Do You Want a Practice … or a Business?

Hand putting coins into blue piggy bank7 decisions accountants may someday regret.

By Hitendra Patil

You might end up losing a million dollars or more. Surprised? Here are ways you could be frittering money away without even realizing it.

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1. Doing Instead of Getting Things Done

Accounting is not a service industry. Hotels and package delivery are service professions. They thrive on efficiency, technology, standardization of processes and so on.