Warning signs your vendor is about to go under (while you still have options)
Vendors rarely go out of business overnight. There''s usually 3–6 months of warning signs. Here''s what to watch for so you have time to protect yourself.
- Sudden "pre-payment discounts" of 15%+ for paying the remaining balance early. Legitimate vendors offer small incentives; desperate ones offer aggressive ones.
- Instagram and marketing going quiet: legitimate vendors post consistently. A six-week gap in social posting during busy season is unusual.
- Staff turnover: the lead photographer or planner assigned to you suddenly changes, and the new one is less experienced.