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!
I fired 2 clients recently. Politely told them that the charges would go up by 50% next month onwards due to the level of service expected by them and hours spent on their accounts. Was a gamble really, if they agreed I’d make more money. If they left, I wouldn’t have the ‘guilt’ of having fired a client.