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Thursday, April 24, 2008

About Entrepreneurs: 7 Signs It's Time to Drop a Client

About.com   Entrepreneurs
In the Spotlight | More Topics |
  from Scott Allen
As an entrepreneur, you may feel compelled to try to hang on to every client you can possibly get. But that may not always be best -- for you OR your client. Sometimes it's about them and their problems, but in some cases it may have to do with your own situation. This week, we'll look at seven signs that it's time to drop a client, plus more ideas on being more profitable with fewer customers.

 
In the Spotlight
7 Signs It's Time to Drop a Client
While you may feel like you really have to hang on to every client, whether for your own cash flow or out of your sense of commitment, there are several signs that it may be time to terminate the client relationship. In some cases, it may be about the client -- they're a jerk, they don't pay on time, etc. In other cases, though, it may be about your own situation. Here are seven signs to watch for.

 
         More Topics
Tim Ferriss Interview
The author of The 4-Hour Workweek tells how he increased profits and reduced his workload through a combination of outsourcing, delegation, time management and dropping his least profitable customers.

 
Three Ways to Grow Your Business
When it comes right down to it, there are really only three ways to grow your business: 1) get more customers, 2) sell more to existing customers, and 3) make more profit per sale. Which of these do you think is the easiest to do, and which is the hardest?

 
 
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