Consulting Gone Wrong
Bringing in outside expertise should simplify your business—not make it harder to run.
In this episode of Books & The Biz, we break down a real-world situation where a business owner hired a consultant who promised significant tax savings by restructuring the company. On the surface, the pitch made sense. The numbers looked attractive. The strategy sounded sophisticated.
What followed was something very different.
Two separate corporate entities were formed. New layers of accounting were introduced. Additional compliance requirements showed up. Professional fees increased. Administrative work…
The skinny
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