Thursday, July 09, 2009
Business Poll
I find that one of the most frustrating aspects of selling consulting to small-medium business owners is that they have an unhealthy degree of trust in the accountants ability to solve their problems, and secondly, their desire to blame politics and "the economy" for their problems when in actuality the economy usually just exposed the weaknesses of their business.
Below is an intersting survey conducted by my company:
PARK RIDGE, ILLINOIS - July 7, 2009 - Visit the press room in the George S. May International Company website (www.georgesmay.com) to read our latest press release.
55% of the business owners surveyed say they are profitable,
yet 50% say they are not satisfied with their workout plan.
Next, 60% of SMB polled named 'The Economy' as the #1 reason for not being profitable.
"The #1 reason for their lack of profitability will always be the 'soup du jour.' If not 'The Economy,' then it's 'The President,' if not that, 'The Cost of Fuel' and on and on and on. This would be consistent with the question, 'What professional advisor do you consult for business help?' where 45% polled named their accountant as the person they go to for advice. Well, if wanting to know what happened in the past is your agenda, then they are consulting the right person. George S. May International Company knows that accountants/CPA's look back at what happened while consultants develop a preplanned profit model with little room for variance." (comments made by GSMIC managing director Paul Rauseo)
Below is an intersting survey conducted by my company:
PARK RIDGE, ILLINOIS - July 7, 2009 - Visit the press room in the George S. May International Company website (www.georgesmay.com) to read our latest press release.
55% of the business owners surveyed say they are profitable,
yet 50% say they are not satisfied with their workout plan.
Next, 60% of SMB polled named 'The Economy' as the #1 reason for not being profitable.
"The #1 reason for their lack of profitability will always be the 'soup du jour.' If not 'The Economy,' then it's 'The President,' if not that, 'The Cost of Fuel' and on and on and on. This would be consistent with the question, 'What professional advisor do you consult for business help?' where 45% polled named their accountant as the person they go to for advice. Well, if wanting to know what happened in the past is your agenda, then they are consulting the right person. George S. May International Company knows that accountants/CPA's look back at what happened while consultants develop a preplanned profit model with little room for variance." (comments made by GSMIC managing director Paul Rauseo)