Description
Explore the guidelines for deciding when to fire which clients and how to go about it if the relationship has become problematic.
Chances are that youve experienced a relationship with a client that either makes you uncomfortable, scream, or wish youd never taken them on. Businesses often face situations where they need (or want) to terminate a client relationship for one reason or another. These reasons may range from conflicts of interest, unlawful behavior, inability to fulfill obligations by either client or the business, or fundamental disagreements. When is the optimal time to end such a relationship? What ethical obligations should be considered in the termination of such a relationship? What steps can be taken to stay in compliance with industry best practices and prevent pitfalls that may occur when firing a client?
Date: 2023-07-25 Start Time: 1:00 PM ET End Time: 2:40 PM ET
Learning Objectives
* You will be able to review opportunity costs when terminating a client.
* You will be able to describe how to protect your clients best interests.
* You will be able to identify best practices when firing a client.
* You will be able to discuss when you should terminate a client.