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The term consulting is one of the most used and least understood in the business world today. It seems to have a different meaning to each of us. The only common thread I have ever been able to find is you are paying for someone's expertise rather than for a tangible product. Whether the consultant actually possesses that expertise and to what degree often is not known until the engagement is complete or nearly complete. When The Accounting Dept., Inc. uses the term, we are referring to a few specific areas in business which arise infrequently but are vitally important. It would include things such as:
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