Businesses thrive on interaction with large clients. They often form the most significant inflow of money and help businesses meet their obligations from month to month.
With so many companies closing down, it’s not far-fetched to think that one of your massive clients might face bankruptcy.
How to Move On After Losing a Big Client
When that happens, you will need to have a clear plan in place to recover any overdue payments and soften the blow until you find new customers. That’s why we asked 12 entrepreneurs from Young Entrepreneur Council (YEC) the following: