I was reading an interesting piece of news today as there was a company who normally bought all their products from a specific company and for the most part it was a good relationship. All of a sudden that company decided to make the products themselves which in sense killed the other business as a supplier. This caused that business to go on an uproar saying how they were essentially blindsided and thought they had a very good business relationship that is more valuable than the few extra thousand they would make as a result.
The first thing I thought was that is the reality in many cases though as when it comes to a business it’s usually all about money. Therefore, you usually should be planning not to be so dependent on one person or company to be your main source of income in this way as if they find a way to save or make more money then that relationship could change in an instant.