Bad clients: Should they stay or should they go?

"It's conventional wisdom among management consultants: Fire your deadbeat clients and concentrate on the real money-makers. Sounds easy enough, but this seemingly no-nonsense approach requires a lot of strategy and soul-searching. CPA Trendlines' Rick Telberg says there are a number of signs that it might be time to drop the ax. "The ideal scenario is, of course, to avoid such situations in the first place," Telberg writes. "That’s why you need a crystal-clear profile of your target client. Then be ruthless about accepting no less."...
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Source: CPA Success