33:37Gota pay the interest in the debt
33:43time to rename debt to death
他
33:47You do NOT have all that money to make all that merch cash-on-hand
33:48Hundred of thousands? :_dizPair:
33:50:_dizGah::_dizGah::_dizGah:
33:50I DECLARE BANKRUPTCY!!!
他
33:52Labor cost are the killers of ALL businesses
33:54individual bankruptcy is another thing entirely
33:55As a business owner the stream title is giving me high blood pressure
他
34:01Apparently they had liens on products that had already been made
34:05Makes sense :_dizComfy:
34:07all business runs on debt
34:07Gotta spend money to make money
34:09thats so much easier said than done lol
34:09if only business was that easy
34:14dont be like the government
34:15'waves at previous slide'
34:15America runs on debt.
34:18then you can't pay your workers and collapse a different way
34:19You have to spend money to make money
34:20companies are all debt
34:20to be fair, Fedex was on the verge of collapsing, the owner took their last money to Vegas and won, so... its all good lol
34:20cash flow :sparkles:
34:23jUsT dOnT gO iNtO dEbT
34:23People underestimate how much labor cost add up
34:25def easier said then done
34:27Everything runs on debt.
34:28gotta make income somehow
34:30They would have just went bankrupt sooner.