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Joined 1 year ago
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Cake day: October 28th, 2023

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  • If his business makes money he shouldn’t need cash to pay vendors right? You usually have a revenue and a net profit. He should be able to take that net and pay bills…. If he can’t get financing then he is probably not running the business correctly. Sounds like he’s either in over his head or is lying to you. It’s pretty vague but getting behind on bills, a minimum of 300k sounds like he’s headed for bankruptcy. I’d stay out of it


  • If his business makes money he shouldn’t need cash to pay vendors right? You usually have a revenue and a net profit. He should be able to take that net and pay bills…. If he can’t get financing then he is probably not running the business correctly. Sounds like he’s either in over his head or is lying to you. It’s pretty vague but getting behind on bills, a minimum of 300k sounds like he’s headed for bankruptcy. I’d stay out of it