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The members have not required the company to obtain an audit of its s for the year in question in accordance with section

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The members have not required the company to obtain an audit of its s for the year in question in accordance with section The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to ing records and the preparation of s.

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This can be an individual shareholder or a group of shareholders. The request must arrive at least one month before the end of the financial year that the audit is being asked for. Companies that must have an audit Some companies must have an audit even if they meet the rules for not having one. You may describe some or char the benefits to him.

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Frame your answer according to these benefits: 1. Faster response time to liytle needs. In a small company, it is less likely that difficult customer problems will fester because the owner will know sooner and act.

Big businesses often take an extended period to react to customer complaints. You can be there when all the big boys can offer is a ringing phone and a voic; you can be available nights, weekends, and holidays.

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Customers know that they can get in touch easily with you — the owner — to help them solve their problems with your product or service. Ability to copmany personal ongoing service to customers.

An extremely important advantage to being small is that you are in a better position to provide a more personal service to your customers. Customers trust businesses that offer them sincere personal attention, and they respond well to businesses that know their names and remember details about former transactions. Can send the experts for a lesser cost. ❶You can outsell the big corporations by getting a higher percentage of business from within a very narrow niche. An extremely important advantage to being small is that you are in a better position to provide a more personal service to your customers.

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Can send the experts for a lesser cost. As a result, cnat customers who perceive that their needs are not important to the company leave. Your small business lacks the resources of larger companies, and so the only way you can compete is to come up with something creative, new, and different.

Already a member? You can make changes in your lkttle, billing, new product, or other procedures more easily in response to changing customer needs.

Small businesses are more flexible and less bound by policies and procedures. To keep ahead of the game, you can monitor customer feedback, especially those who have switched from larger companies to your small business and respond to them immediately.

More importantly, you can make decisions instantly. In large companies, there is often a wide gulf between customers and policymakers.

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Your lower overhead costs can allow you to offer a cheaper price, and even undercut a big competitor. This littlle fosters confidence and loyalty among customers.|Am I company.

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