I just happened to catch this conversation whilst I was browsing Camden and how refreshing to get an intelligent discussion and an analysis of the gritty issues .
Fwiiw I don't mind this business model ,nor the business,which is obviously at the bottom of the cycle and to my way of thinking only going to get more compelling over the next decade .
I think the problem with your combatant there is that when you get too close to people working in a business and try to find out what's going on you start to see the trees and not the forest .Everyone knows that accounting is a people based business ,that clients move from one to another with the rapidity of a Dennis Lillee bouncer .It doesn't change the fact that overall there is going to be more work coming in and if you are costed right and have the right locations and marketing you're going to do better than most .This is where I think this business has an underlying solid basis for growth
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