Friday, May 31, 2019

It pays to make good recommendations

An accountant has been advising an eminent Emir on his domicle status. The Arab aristocrat complained of back pain so the accountant recommended a brilliant young chiropractor he knows and who then visits the Emir in his London hotel.

Although the Emir had been in agony the chiropractor's phenomenal skills at soothing angry vertebrae quickly brought some relief. And after a week of daily treatment the Emir was fully recovered.

The young chiropractor has no idea what fee to charge so he asks the accountant who recommended his to the Emir. "What should I do? Treat him for free as an honoured visitor, or would that be insulting? Should I ask him for my normal fee even though he can afford vastly more or should i just charge a round figure, say £2,000 which I know he can well afford?

The accountant says, "try this - send him your fee note but leave the amount blank. Simply write across the top of you bill the words: "The Emir is always fair".

Within a month the chiropractor received a cheque from the Emirate's exchequer or £50,000! He phoned the accountant at once to tell him the god news and to thank him.

The next day the young man received an invoice from the accountant for his advice. The amount had been left blank and across the top of the bill were the words: "The Chiropractor is always fair".

Adapted from an old Bob Monkhouse story included in his book: "Just say a few words"

No comments:

Are some tax advisers paying more than they need to?

Some years ago on my first visit to Penrith, Cumbria, to present a talk to the local CIOT branch, I took a cab to the venue.  The driver ask...