Parler just lost its data processing capabilities from Amazon Web Services after Apple and Google removed the app from their online stores. Beyond the political drama and antitrust allegations, this begs the question of how dependent a company should be on a single service provider, provider, or customer. A manufacturer can become dependent on a large wholesaler or retailer. A restaurant can become dependent on a caterer. A condo owner can become dependent on a platform like Airbnb.

Relationships with providers of products or services can help businesses, especially those that are growing rapidly. However, there are risks in every relationship, and an assessment of those risks is critical to the survival of the business.

The same applies to a large number of business partners. Finding a new caretaker service for your building can …

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