[JBiggs]

Mainly commented on the revenue share/operating profit margins of the small offices and how these were lower proportionately lower than the larger offices.
Tried to focus on the non-audit services in the medium and larger offices as a way of supporting the closure of the smaller offices, but referred to difficulty in relocating staff, particularly as staff morale already seems low with high turnover rate.
Overall, if profitability can be increased and core competencies can be achieved, the closure may be advisable. It didn’t seem like there was enough information to produce a more detailed answer.

What points did you make?

[JBiggs]

Mainly commented on the revenue share/operating profit margins of the small offices and how these were lower proportionately lower than the larger offices.
Tried to focus on the non-audit services in the medium and larger offices as a way of supporting the closure of the smaller offices, but referred to difficulty in relocating staff, particularly as staff morale already seems low with high turnover rate.
Overall, if profitability can be increased and core competencies can be achieved, the closure may be advisable. It didn’t seem like there was enough information to produce a more detailed answer.

What points did you make?

[Author]

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