First, however, let’s examine when and why to say no to a client. If a client is asking you to do something outside of a contract, to do something illegal, or if he or she requires a lot of hand-holding that will slow down your growth - say ‘No’. New companies may not have the luxury of saying no to clients who require much hand holding because they don’t have the business yet to self-sustain.
If you have offered bad products or services to a client, saying ‘No’ as far as a return can, however, harm your company.
You can’t allow your clients to walk all over you in business. I knew one lady who owned a coffee shop. She became friendly with her customers and ran tabs for VIP guests. Guess what happened… she was out of business in a year.
I’m not telling you to be mean to clients or not to accommodate them. What I am saying is to focus on business decisions when addressing clients. Don’t consider how much a contract or sale may bring in, consider what it will cost you to service that contract.
Until tomorrow,
Coco the CEO
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