Marcus Is a Self­employed Marketing Consultant

Multiple Choice

Marcus is a self­employed marketing consultant. He is good at helping his clients with their marketing challenges. However, he is not keeping up with billing his clients regularly or keeping track of his hours. He feels that the time he spends on these functions is taking him away from activities where he has more talent and ability. His small business needs to bill clients quickly to keep the business running. In this case, which of the following actions should Marcus take?

A) Concentrate on accounting instead of counselling clients
B) Invest in an ERP system like big corporations
C) Outsource the accounting function to another firm
D) Vertically integrate the accounting function into the business