When to Say No Thanks to New Opportunities
By Dane Carlson on December 10, 2012 in Ask the Readers
A reader wrote:
Hi Dane. I just posted up a new article that I thought might be of interest to you, given your site’s focus on new business opportunities. It highlights a few pitfalls that business owners commonly face when they start branching out.
What kinds of opportunities should you turn down? Good question. The article, by Gateway CFO Solutions has some answers. They include:
- The one that leads you too far astray from your core business.
- The one for which you haven’t accurately assessed the entire potential financial downside.
- The large new customer that will represent a huge concentration for your business.
Business Opportunities Weblog editor and publisher Dane Carlson
lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001
. He has added 12,203 posts to the site.
Related Businesses in the Directory