Retailers Forum Magazine Oct. 2020 EMAG

forumworkshop
FORUM WORKSHOP
CAPITAL
The “experts” will tell you that the reason the
United States is in a major recession is debt.
We import more than we export; we spend
more than we earn. The same principle applies
to your personal finances and your business.
When you overextend yourself by committing
to make payments on more goods and services
than you can afford, youʼre likely to go broke.
Still, credit has enabled the developed nations
to enjoy a wealth of goods and services. Credit
allows a small business to grow into a big business,
if it is not abused.
DETERMINING YOUR
START-UP CAPITAL
When you start your business, you may not be
allowed to play the credit game as would businesses
that have histories. They can purchase
supplies, then pay the suppliers in fifteen to
thirty days. This enables the owner to collect
money from customers – cash from direct sales
and “receivables” from credit customers – and
use that income to pay
the bills (“payables”)
rather than using “startup
capital” (the money
invested in the business
to get it started).
continued..
BUY DIRECT FROM FACTORY!
1000's OF WHOLESALE ITEMS FOR YOUR STORE OR FLEA MARKET BOOTH
AUTO • HOME • ELECTRONICS • SPORTS • TOYS • APPAREL • SHOES • HEALTH & BEAUTY
Flying RC
Ball Led
Flashing
Light Aircraft
Helicopter
Induction
Toy
$
6.96
Buy With Confidence
Fast FREE Shipping Worldwide
New Items Daily
NO Minimums
2.7” Dual Lens
HD 1080P Car
DVR Rearview
Camera Video
Recorder
$
25.99
RAXFLY Magnetic Car
Phone Holder L-Type Air
Vent Stand for 4-7 inch
$
2.99
Skywolfeye XPE LED
50000mAh Power Bank
Hand Press Flashlight
Flashlight Zoomable
Pack Portable USB Battery
Torch Button Battery 3
Outdoor Torch
Charger For Mobile Phone
LED New
$
2.59
$
19.99
$
4.81
www.CartoonConcepts.com
Page 44 OCTOBER 2020 | RETAILERS FORUM MAGAZINE
56S Bluetooth In-Ear
Earphones Sweat-Proof
Stereo Earbuds Headset
$
2.99