- September 20, 2023
- Posted by: Dan Gordon
- Category: Accounting Advice
As the world becomes more technology-enabled and advanced, there always seem to be business owners who can figure out a way to use technology to lower costs and therefore cut pricing.
My inspiration for this column stems from speaking to a potential client in the pest control industry who needed low-cost CFO services.
He told me he works with a network of property managers, providing them with facility services around the country. By using technology, he said, he can receive requests for pest control services; assign each request to a subcontractor; and deliver pest control for less than $20 per service. Call me old-fashioned, but this business model seems to qualify him for a one-way ticket to bankruptcy court.