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Weekly Resources

FASB Enhances Guidance for Measuring Fair Value

Large Shareholders Impact Profitability, Policies

Ethics & Compliance Officers Still Valued in American Corporations

Largest Transfer Pricing Dispute Settled

IMA Reintroduces Statements on Management Accounting

More News


Firm News

Utah CPAs Oppose Dual Track Income Tax Plan

Emphasis on Customer Service: Crowe Chizek, PKF Texas and Microsoft

H&R Block Plans to Reduce Refund Lending Costs
by Opening Bank Accounts


More Firm News


Lite News

Honoring Elijah Watt Sells Award Winners & Top CPA Exam Scorers

$1 Million Donation & New Office Show Canadian Support for IFAC

Labor Day: A Celebration Founded on Bloodshed and Strife

More Lite News


MARKETING TIP: IT'S NOT ALWAYS PRICE

"When everything is equal, people buy on price," Michael Porter said at the American Institute of Certified Public Accountants (AICPA) Tech 2006 conference this summer.

If you aren't interested in providing your services for the market's lowest price, you need to be different from the other accounting firms and professionals in your market. Some ways to differentiate yourself or your firm are: being first, owning an attribute, being a leader (perhaps not first but the most expert, etc.) and having a market specialty. In addition, you can differentiate yourself or your firm by price, quality, customer orientation, creativity or breadth of product, however, it is more difficult to differentiate yourself based on these characteristics (just ask the airlines!). The advantage of being different is that when everything is unequal, people do NOT buy on price!


Hot Topics

Most Accounting Firms See Strong Growth while Big Four Firms Shuffle

Closely Held Companies Adopting Sarbanes, Increasing Demand for Auditors

Tips for Avoiding Sour Grapes in Life's Biggest Transaction

More Hot Topics


News In-Depth

Communicating During a Crisis Without Making it Worse

What Every CPA Needs to Know About TIC & 1031 Exchanges

Secrets to Keeping the IRS Out of Your Clients' 401K

More In-Depth Content


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September 19, 2006













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