This Halloween season, we discuss three types of “spooky” clients to avoid in your firm.
1 min read
Things are about to get scary this Halloween season, and we aren’t just talking about the haunted houses, spooky stories, or stomachaches from eating too much leftover trick-or-treat candy. We are talking about the frightening clients who sweep in and, like a powerful gust of October wind, leave a mess in their wake. Bad clients are not only tough to work with, they can also be incredibly costly to your business.
These clients are expensive because they steal your time, profits, and, in some cases, your sanity. Everyone has their flaws, but clients who are continuously difficult to work with can turn your work into a real nightmare. This Halloween season, we discuss three types of “spooky” clients to avoid in your firm.
Vampires are the clients who suck your energy and time. They need to know what is going on at all times and get upset if they aren’t constantly in the loop. Of course, they know you have many other clients but somehow still expect you to give their questions and problems the top priority. Vampires can be draining and distract you from serving your other clients or further growing your practice.
Ghost clients are the opposite of vampires. After you initially agree to work with them, they all but fade from view. When you try to contact them, they are nearly impossible to get ahold of. Ghosts feel like their lives are more busy than the rest of the world and expect you, as their practitioner, to work around their schedule. As a result, they wait until the last minute to provide you with the paperwork and important information that is necessary to fulfill your job.
Often, what they eventually do send your way is missing crucial material, such as a receipt, wage statement, recent tax return, etc. But, of course, when you ask for these things, the process starts all over again. Finally, when you have all the information to effectively do their work, they call shortly after asking what is taking you so long.
Skeletons in the closet are harmless...until they are discovered. These clients seem ordinary at first, but the more you interact with them, the more you realize that they are keeping things from you. Eventually, you discover that they haven't always been completely truthful in their dealings with the IRS or previous accountants. Maybe they reported a little less income, exaggerated their charitable contributions, lied about how many dependents they have, or any number of other, more serious crimes.
The tricky part of working with these clients is that even if they claim to have changed, it is hard to trust them. Clients who have previously lied to their accountants, or the IRS, likely won’t always be honest with you. This dishonesty can create complications that reflect negatively on you as their provider.
Celebrating Halloween this season may add a few frightening expenses, but bad clients don't have to be one of them. Take advantage of the time after the October tax deadline to determine which of your clients are benefiting your business and which are dragging it down. Save your time, profits, energy, and sanity by focusing on clients who allow you to have a spooktacular business.
To find out how to let these clients go, check out our article:
Explore more of our recent Articles, User Stories, and Ebooks.
3 min read
2 min read
Canopy takes the headaches out of client management by offering a way to keep client info organized.
I love how easy it is to setup a new client in this software. Once set up, it's one click to get IRS transcripts downloaded for my review. This saves me at least an hour each week in comparison to the software I used to use.
This makes workflow for tax resolution manageable. This business is a bunch of hurry up and wait. This system helps to refresh my memory while transitioning to different clients.
The ability to securely share documents with clients as well as complete POAs from client contact data already in Canopy. The ability to route workflow between team members with color coded statuses allows us to work efficiently.
Cool features, outstanding customer service, constantly updating to make it better. I love that I can upload files easily to a secure client portal and we don't have to email files anymore. Absolutely can't imagine not having this software.
It's safe and secure. Clients are able to upload documents and the documents are saved their portal which as a result, keeps us better organized. The task feature keeps us organized and we know exactly the status of each client.
Submit this form, and we will be in touch soon to give you a custom demo.
Set a time for one of our product specialists to give you a guided tour practice.