Wide-format flat-design pie chart dominated by one large slice representing a top customer taking 40 to 50 percent of revenue, with smaller slices for other customers and a downward-pointing red arrow signaling declining valuation, in warm peach-orange for the dominant slice, dark navy for the others, and red for the warning arrow.

How Customer Concentration Tanks a Valuation (And How to Fix It Before You Sell)

You’ve spent years building a business. Revenue is strong. Margins are healthy. You’re ready to sell. Then your broker runs the customer analysis and finds it: one customer accounts for 38% of your revenue. Maybe two customers together account for 55%. Suddenly the conversation changes. The multiple you expected starts shrinking. Your broker starts talking […]

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