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My Zimbio

If I Ask You for $1 and Promise $10 in Return, Would You Take It…No Strings Attached
Tuesday 16th of June 2009 08:02 AM

Recently, we began working with a client who had been having serious accounting issues.  We had to clean-up the first four months of data for this year which took a substantial amount of time resulting in a large invoice from us. 

During the clean-up process, we found they were not billing more than 6% of their total services.  What this means is if they hadn’t hired us, they would’ve missed billing their customers over $120,000 this year. 

They were very excited to learn that we “found” an additional $120,000! 

A week later though…they were less happy.  We presented them with our invoice for 200 hours of work totaling $12,000.  Immediately, they got upset and told us they couldn’t believe our costs were so high and that there is no way there was that much work to be done. 

We were able to discuss it and make them understand all of the work that had been done and in the end they were happy with the service.

It was just interesting to me that they initially weren’t willing to give $12,000 to get $120,000. 

Would you be willing?


Jennifer Foster

We specialize in equine bookkeeping and equine accounting so our clients can spend more time with their horses.

Typos Cause Embarrassment
Equine Accounting
Monday 15th of June 2009 08:21 AM

Today has started out as a low in my career.  Why?  Because I paid for advertising, sent an email blast to 23,000 subscribers of the Arabian Horse Times, and when I received the email a typo was GLARING at me. 

It is hard for me to imagine anyone taking my company seriously when we are supposed to be the "detail people" and we make such a HUGE MISTAKE.  (In case you are interested, we spelled "specializes" incorrectly.  We wrote "spacializes.")

I am continually telling me children that being able to spell is one of THE MOST IMPORTANT things they will learn in school. 

It is so crucial to me personally that I throw away resumes received with typos, eliminate vendors from my recommended list because of typos in their marketing communication, and steer clients away from using services of those who make spelling mistakes.

Now...I am one of those who I would skip over.  I guess mistakes can happen and in the future I shouldn't be so quick to judge.

Jennifer Foster

We specialize in bookkeeping and accounting for the horse industry.


Response 1
Monday 15th of June 2009 10:27:43 AM
Submitted by: Douglas T
Hi, The Times may have 23,000 email addresses, but I doubt that they have even half that many subscribers.

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