Resigning a Client: Four Years Later, It Was the Right Decision

Welcome to the AccountingWEB series "PR Matters" by Scott H. Cytron, ABC, president of Cytron and Company. You can see all of his articles here.
No matter what type of business you're in, it's never easy to resign a client. Yet, the benefits far outweigh the drawbacks.
We resign clients based on a number of reasons. Perhaps the scope of engagement changed and you don't provide that kind of service . . . or clients may not be paying their bills. Then again, you could have a very personal reason for resigning based on something uncomfortable that happened or something that might compromise your own integrity and practice.
I was recently reminded why I resigned a client four years ago. Yes, it's been that long. Here's the story.
I had been working with a financial planning firm for about ten years, providing PR and marketing services. The firm is substantial in size, and to give you an idea of the firm's revenue, the owner who I primarily worked with would not accept any clients who had less than $2 million in assets.
Over the ten years, I tried to resign the client three times, yes  three  and every time, the owner would call apologizing for his and his firm's behavior. Every time, he offered me more money. I took it, but also gave him the benefit of the doubt. After all, he was one of the nicest people I ever worked with. You know the term, "he would give you the shirt off his back if you asked him for it?" Well, he would have if I had asked him.
His behavior wasn't unethical or suspicious. It all boiled down to the fact that he lacked a sense of direction in business and couldn't make a decision. He was very successful helping his clients invest their money, but could not come to terms with moving his company forward. I would propose activity after activity to do, and each time he would hem and haw without realizing any benefit. 
Here's a great example of his lack of business savvy. One time, I arranged an interview with Fortune magazine. Yes, THAT Fortune. The writer had arranged through me to call my client at 1:00 p.m. on a Wednesday. Of course, I was beside myself with pride. After all, this was going to give him a huge amount of publicity.
That afternoon around 3:30 or so, I called my client and asked him how it went. The response? "Oh, I got really busy and decided I didn't have time to talk to him when he called." Needless to say, the writer didn't call back.
So, I resigned him, telling him we had a great run of ten years and suggested he seek PR services elsewhere. We ended things on a good note.
Fast forward to October 2013. I ran across his metal logo for letterpress printing in a file drawer, put it in an envelope along with a handwritten note, and sent it to him. In the note, I wrote that I hoped he was doing well and said I knew he could use this much more than I could. Six weeks later on a Friday afternoon, the phone rang and it was his administrative assistant  the same one who was there four years ago. She said, "Mr. __ got your note and said 'we ought to get together with Scott.'"
I said, "Great  what does he want to talk about?" There was a stunned silence and she finally said, "I'm not sure  he didn't say." My response? "Find out what he wants and you're welcome to call me back."
It's been more than two weeks and I haven't heard from her or my former client. 
My point in telling this rambling story? When you resign a client, you have a really good reason for doing so, and as professionals, we have to go with our gut feel for taking an action like this, regardless of the consequences or the potential of lost income. 
Based on the fact that his assistant had no idea what was going on, I absolutely made the right decision. Does this scenario sound similar to you? I'd be curious to know.
About the author:
Scott H. Cytron, ABC, is president of Cytron and Company, known for helping companies and organizations improve their bottom line through a hybrid of strategic public relations, communications, marketing programs, and top-notch client service. An accredited consultant, Scott works with companies, organizations, and individuals in professional services (accounting, finance, medical, legal, engineering); high-tech; and B2B/B2C product/service sales.

You may like these other stories...

On a typical June day, Kentucky high school students David Wagner, Kayla Cook, and Michael Kiraly would be kicking back, enjoying all the pleasures of summer—playing video games, hanging out by the pool, or binge-...
Event Date: July 17, 2014, 2 pm ETThis webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.Participants will learn:...
The Madoff Ponzi scheme, financial crisis of 2007-2009, ongoing mortgage fraud and other scandals, and laws like Sarbanes-Oxley and Dodd-Frank that were passed to counter the fraudsters, send a clear message: fraud...

Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.