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How To Turn Your Passion Into A Business Without Sacrifice - James Hoffmann
Deep Dive with Ali Abdaal
Cashflow Is One Thing, Everything
You might get 90 days of product to that customer. And then they go bust and then you're out that much money. This happens all the time loads of bad debts out there. If you're a giant coffee company, eh, yeah, it's a cost of doing business. It's built into the price. But if you're a small independent coffee roaster, we haven't built that margin in because you're trying to be competitive with pricing. You can you can have a five or 10 grand debt that would take you down to because that might be your cashflow gone. That doesn't exist as much in the online world but but bricks and mortar businesses, cashflow is the
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