Hi everyone! I’ve just filed my first LLC & am planning to open a vintage boutique in my city- I’m completely new to owning a legitimate business of my own. I thought this would be a great question to ask as I know I’ll be making many mistakes in my first year of business.
Please feel free to comment your favorite mistake!
Raise your price dramatically, she may go away, she gave you a hint about that already. Implement a new rule that the first hour consultation is free, all other is invoiced at a high price. Track it, invoice her and insist on incremental payment or no more work. Meetings with endless questions and no decisions now make you money. You get to choose how your business operates.
I’d go a step further…get more people and her in particular on a retainer and then burn hours against it.