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 never stop learning. I want to help you succeed by sharing what I have learned about life skills. Knowing these skills can nourish your personal growth. I hope you enjoy this blog, and visit often so you keep learning too!

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