129 - Danny Buck - Scaling CRAFTD To £20 Million - Life By Design - Investing In Wine
The Frankie Lee Podcast
00:00
How Do You Structure Your Cash Flow Cycle?
Good terms with suppliers, you can get finance on it if you want to give away margin, 3%, or something like there's all sorts of different ways. The main way is to get really good terms with the suppliers and have a product which ships can be made and shipped in a two, three month max. And I suppose you pick products from looking from the products that you pick that you always pick small packet products you don't really go for. You've got to understand your order timelines and then getting into a negative cash flow cycle.
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