6 warning signs of a bad business deal

Recognize potential red flags

The success of your small business depends on making smart deals that expand available resources and enable continued growth. Just as important are the deals you walk away from — thus avoiding costly mistakes that waste time, consume energy, and threaten to derail your success.

Here are six tips for recognizing potential red flags the next time you enter into negotiations with a vendor, contractor, or other service provider.

Note:  These tips are applicable to homeowners also when buying a car, or hiring a remodeling contractor, etc.  Even though it’s a pain, always read the contract, front and back, before committing to anything.

Doing a deal

https://www.msn.com/en-us/money/smallbusiness/6-warning-signs-of-a-bad-business-deal/ss-BBTejma?ocid=spartanntp#image=1

Author: Dennis Hickey

There are no limits to success to those who are prepared. I want to help you prepare by sharing what I have learned about life skills, and how I am still learning. Not knowing these skills can effect your personal growth. I hope you enjoy and learn from this information. Feel free to connect with me, to comment or e-mail your question and opinions. Sit back, relax and let the learning begin. Email: dhickey389@msn.com