What to do if your biggest client is a risk to your solo business
Every year, I look at how much money I earn from each client. Some years, my earnings are very skewed toward one client (or two). If something had happened to that working relationship, my year could have looked much different. Before I became a solopreneur, I worked in banking…
Every year, I look at how much money I earn from each client. Some years, my earnings are very skewed toward one client (or two). If something had happened to that working relationship, my year could have looked much different. Before I became a solopreneur, I worked in banking…
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Why it matters
This is routine business advice for solo entrepreneurs about client concentration risk, with no direct impact on credit markets or financial professionals' decision-making.
Sources
Fast Company
What to do if your biggest client is a risk to your solo business
Every year, I look at how much money I earn from each client. Some years, my earnings are very skewed toward one client (or two). If something had happened to that working relationship, my year could have looked much different. Before I became a solopreneur, I worked in banking…