Landing a huge customer feels pretty good.
Big contract. Steady revenue. Fewer sleepless nights wondering where next month’s sales are coming from.
Then you realize that one customer represents 40% of your revenue.
(Talk about an “oh, sh*t!” moment.)
At that point, you don’t really have a customer. You have a dependency.
In our latest article, we look at customer concentration risk and why one very good customer can become a VERY big problem.
We cover:
How much customer concentration is too much
Why your biggest customer has more leverage than you think
What buyers and lenders see when they look at your revenue
What happens if that customer suddenly disappears
How to diversify without pushing a great customer away
Read the Article
Remember. The goal isn’t to make your biggest customer smaller. It’s to make the rest of the business bigger.
Talk soon,
Matt & Luigi
The Weekly is sponsored by Credit Banc.
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