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As a business owner, there are three things you don’t want to be overly reliant on when setting up and structuring your business.
In this episode, Tim Scannell introduces us to the Switzerland discount, explaining why you want to avoid being Switzerland when it comes to your business. Tim details three things business owners should not be overly reliant on, and explains why being reliant on key customers, a key employee, or a key supplier can be problematic, especially when it comes time to exit your business.
Tim discuss:
- What the Switzerland discount is and how many business owners fall into the trap
- Three things business owners don’t want to be completely reliant on
- How to avoid being overly reliant on a key supplier
- And more
Related: Eight Things You Can Do To Turn Your Service Into A Product