Retailers Forum Magazine AUG 2014 | Page 84

FORUM WORKSHOP Forum Workshop 8 4 • CAPITAL DETERMINING YOUR START-UP CAPITAL The “experts” will tell you that the reason the A United States is in a major recession is debt. When you start your business, you may not be U allowed to play the credit game as would busiG nesses that have histories. They can purchase U S supplies, then pay the suppliers in fifteen to T thirty days. This enables the owner to collect 2 We import more than we export; we spend money from customers – cash from direct sales 0 more than we earn. The same principle applies and “receivables” from credit customers – and 1 to your personal finances and your business. use that income to pay 4 When you overextend yourself by committing the bills (“payables”) to make payments on more goods and services rather than using “startthan you can afford, youʼre likely to go broke. up capital” (the money Still, credit has enabled the developed nations invested in the business to enjoy a wealth of goods and services. Credit to get it started). allows a small business to grow into a big business, if it is not abused. continued.. Premium Newer Release DVD’s - Wholesale Pre-boxed premium bundles supplied to video stores, rentals, eBayers, retail variety stores and more. Lowest Bulk Pricing • 100’s of Titles Premium pre-packs of 5 to 100 dvd’s • As low as $6.25 ea F O R U M Budget packs as low as $3 ea www.BundleDVD.com