Warning Signs A Deal Will Fall Through

Well, ladies and gentlemen, welcome to the first Friday of November! Can you hear the Christmas bells already? Haha, just playing; let's get through Thanksgiving first. Thank you for joining us here in the Business Discussions. Today, I found an interesting article by SmallBizTrends that addresses warning signs a deal will fall through. I want to share with you my top 4 indicators from the list. 

Inconsistent Communication
Inconsistent interactions and no strategy are indicators of problems waiting to happen. Everyone should know that communication is the key to any situation, especially when making important decisions. If there is an issue where the client is continually shifting route or otherwise unable to make a decision, don't waste your time and money.

Lack of Collaboration
One thing to observe is the lack of cooperation. If the partner is not involved and does not include you in potential future plans, they are uninterested. A good business partner would ensure to collaborate to achieve goals regularly and keep you updated.

Lack of Patience
A supplier or client who prefers to force the deals and ignore the specifications is a red flag. Having an open environment to discuss and answers questions is a great attribute. It shows that they want to understand your interest, discuss the uncertainties, and give you time to reflect.

Making excuses
There is a level of expectations that should be placed by both parties. Of course, there are moments when there is a lot of workloads, and assistance is needed. However, what is unfair is when others make excuses not to follow through on a particular task or complete it simply because they do not "feel" up for it.

What are some signs you look for when a deal is not going to pan out? Do you mind sharing your experiences? Please comment below. We will love to get your feedback! Until then, continue to be safe and be well, my Community comrades.