
Last fall, many companies were busy handing out discounts to land new clients or keep existing ones on board, but now the tides have shifted. Facing growing economic challenges, more companies are dropping nonpaying, late-paying and overly-demanding clients who drain resources that would be better utilized serving more loyal or profitable clients. Is this the right choice for you? It may seem counter-productive, especially when every dollar counts, but when you get rid of clients who aren’t profitable, it frees you up to work with or find clients who are.