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  • Casual Articles - How Do You Know It's Time To Fire A Client?

    How to Sell A Business: Working With Your Attorney and CPA
    When selling your own business, it is critical that you understand the points in the deal process when your attorney and CPA should get involved. The first point to make is that both of these parties must be involved in your selling process. You should think of them as a part of your “Exit Strategy Team.”Your CPAYour primar
    nd you're cringing when that certain client calls, if he always wants something for nothing, or if his ethics aren’t up to your standards, it may be time to part ways.

    3. You are ready to move up.

    Have a client who refuses to pay you what you're worth while others are waiting in the wings?

    If so, let him go and hire clients who are ready AND willing to pay you what you’re worth! I had a client back in the day who actually told me I should b

    Franchising – The Risk Free Solution To Starting Your Own Business?
    Starting a business is tedious, expensive, and risky. It involves a lot of paperwork, market studies, coordinating with concerned agencies, scouting for the right place, and providing a significant amount of money for lease, initial inventory, furniture, and equipment.However, nowadays, those thinking of starting a business have the option to start from sc
    As a business owner, you're no longer sitting in your too-small cubicle waiting to be called to HR for yet another downsizing in yet another company. No more being told when you can take lunch, make a personal call or, heavens forbid, go to the bathroom.

    Owning your own business comes with lots of perks. One of them that is frequently overlooked however is that you now have the ability to fire a client.

    Stop and think about that for a moment. As a business owner, you don’t need to take on every client that comes along and can *fire a client* if you want or need to. Isn't that liberating?

    "I need all the clients I can get. Why would I ever want to fire one?" you ask.

    In order to make your business as profitable as possible, you need to ensure that your client relationships are win-win for both you and the client. There are several reasons why you may want, or need, to fire one of your clients. Here are the top three scenarios in which you may want to consider firing a client:

    1. They don't pay you on time.

    If you have a client who consistently can't, or won’t, pay you on time, you may want to consider firing him.

    You are in business to make money, to provide for your family, to fulfill a need and be paid for your time in doing so. You are not in business to spend your time providing services for another company for free.

    If they are having a tough time *right now* and you want to hang in there with them, be sure that it is worth your time and effort and that *right now* doesn’t turn into months. Remember that you only have so many hours in the day to work on your business, use them wisely!

    2. You cringe when the phone rings.

    Some clients can just rub you the wrong way -- often. These are the clients that, no matter what, drain you of your positive energy.

    If you find you're cringing when that certain client calls, if he always wants something for nothing, or if his ethics aren’t up to your standards, it may be time to part ways.

    3. You are ready to move up.

    Have a client who refuses to pay you what you're worth while others are waiting in the wings?

    If so, let him go and hire clients who are ready AND willing to pay you what you’re worth! I had a client back in the day who actually told me I should b

    The Way Towards School Fundraising Success
    One of the most common activities in school is fundraising. Organizations are constantly in need of cash that will help them fund their various projects. This is especially true with newly-created organizations that do not have yet the support of the school administration.Getting students to give you their hard-earned money can be really tricky especially
    ness owner, you don’t need to take on every client that comes along and can *fire a client* if you want or need to. Isn't that liberating?

    "I need all the clients I can get. Why would I ever want to fire one?" you ask.

    In order to make your business as profitable as possible, you need to ensure that your client relationships are win-win for both you and the client. There are several reasons why you may want, or need, to fire one of your clients. Here are the top three scenarios in which you may want to consider firing a client:

    1. They don't pay you on time.

    If you have a client who consistently can't, or won’t, pay you on time, you may want to consider firing him.

    You are in business to make money, to provide for your family, to fulfill a need and be paid for your time in doing so. You are not in business to spend your time providing services for another company for free.

    If they are having a tough time *right now* and you want to hang in there with them, be sure that it is worth your time and effort and that *right now* doesn’t turn into months. Remember that you only have so many hours in the day to work on your business, use them wisely!

    2. You cringe when the phone rings.

    Some clients can just rub you the wrong way -- often. These are the clients that, no matter what, drain you of your positive energy.

    If you find you're cringing when that certain client calls, if he always wants something for nothing, or if his ethics aren’t up to your standards, it may be time to part ways.

    3. You are ready to move up.

    Have a client who refuses to pay you what you're worth while others are waiting in the wings?

    If so, let him go and hire clients who are ready AND willing to pay you what you’re worth! I had a client back in the day who actually told me I should b

    Keep Business Operations and Logistics Simple, Streamlined and Agile
    Most of the entrepreneurs we interview in our consulting business have a very unrealistic conception of what excites and disappoints investors. The dream of many inexperienced inventors seeking to fund their opportunity is to build a substantial infrastructure. Their business plan identifies the need for factory space, equipment, staff, and many other fixed costs
    are the top three scenarios in which you may want to consider firing a client:

    1. They don't pay you on time.

    If you have a client who consistently can't, or won’t, pay you on time, you may want to consider firing him.

    You are in business to make money, to provide for your family, to fulfill a need and be paid for your time in doing so. You are not in business to spend your time providing services for another company for free.

    If they are having a tough time *right now* and you want to hang in there with them, be sure that it is worth your time and effort and that *right now* doesn’t turn into months. Remember that you only have so many hours in the day to work on your business, use them wisely!

    2. You cringe when the phone rings.

    Some clients can just rub you the wrong way -- often. These are the clients that, no matter what, drain you of your positive energy.

    If you find you're cringing when that certain client calls, if he always wants something for nothing, or if his ethics aren’t up to your standards, it may be time to part ways.

    3. You are ready to move up.

    Have a client who refuses to pay you what you're worth while others are waiting in the wings?

    If so, let him go and hire clients who are ready AND willing to pay you what you’re worth! I had a client back in the day who actually told me I should b

    In The Quest Of A Satisfying Life And Career
    The quest for a satisfying life and career is universal, for all age groups and people in different cultures, almost all of us go through this important questioning stage. What could make our life more satisfying? What would make our personal life and career more satisfying than it is today? When questioning our present situation either at work or in our persona
    are having a tough time *right now* and you want to hang in there with them, be sure that it is worth your time and effort and that *right now* doesn’t turn into months. Remember that you only have so many hours in the day to work on your business, use them wisely!

    2. You cringe when the phone rings.

    Some clients can just rub you the wrong way -- often. These are the clients that, no matter what, drain you of your positive energy.

    If you find you're cringing when that certain client calls, if he always wants something for nothing, or if his ethics aren’t up to your standards, it may be time to part ways.

    3. You are ready to move up.

    Have a client who refuses to pay you what you're worth while others are waiting in the wings?

    If so, let him go and hire clients who are ready AND willing to pay you what you’re worth! I had a client back in the day who actually told me I should b

    When Great Customer Service Is Not Enough; Firing the Customer
    If you are in business for yourself you have certainly had customers who are the customers from hell. You try everything you can including giving them free service, comp’ing their meal or even giving them discounts or free extras, yet the more you do the more they complain.Some people just like to complain a lot and that is one thing, but when they take a
    nd you're cringing when that certain client calls, if he always wants something for nothing, or if his ethics aren’t up to your standards, it may be time to part ways.

    3. You are ready to move up.

    Have a client who refuses to pay you what you're worth while others are waiting in the wings?

    If so, let him go and hire clients who are ready AND willing to pay you what you’re worth! I had a client back in the day who actually told me I should be happy he was paying me a small amount as he could give me *more* work that way.

    Want to guess how long he lasted?

    You want to work only with clients who appreciate you and know your worth.

    You get the idea. Now that you are a business owner, remember that it goes both ways – not only does the client interview and hire you, but you also interview and hire him!

    You can more efficiently manage your profits this year by spending the time to take a good look at your business and your clients and letting go of those who no longer fit.

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