Cash flow help

[arcola]

Hello all

Brief intro - I’m 25, I’ve followed the TMF to the t I got a job in sales in my industry to learn (manufacturing home products and selling direct to major retailers, made 100 last year, then 200k this year). I have worked on building relationships with buyers at major retailers (Costco, tjmaxx, etc) and key suppliers in our industry.

Now I’m starting my own company with all my savings (about $160k) I have two retailers ready to cut POs for product - but I’m still finalizing the production process.

I put together a cash flow projection - and I’m realizing I’m going to be in a hole for the first couple months.

Customer wants to order about $111k of product which will cost me about 60k in cogs and labor to produce. My overheads are about 13k a month.. customer pays 30 days after Shipping, but more like 45 in reality and it takes me about 4 weeks to ship their order...

I’m not giving details to analyze - just to give an idea of the amounts

In February of next year, I project to have negative 35k in cash....and probably will not get payment until the end of that month


My question is - what do you guys do to help with cash flow? Does anyone know any good lines of credit to obtain? I already have an AMEX with no spending limit, but I don’t think it will be enough.

 

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[ljean]

Jewi zua muulif opvu gedvusoph?

 

[arcola]

Jewi zua muulif opvu gedvusoph?

Pu xjev ot vjev?

 

[ljean]

Gedvus

 

[WJK]

Pu xjev ot vjev?

Hu veml vu zuas ceplis ecuav gedvusoph. Ov't e moip up zuas edduapvt sidiowecmi xjomi zua'si xeovoph vu hiv qeof. Ov't tasi PUV e djieq fevi, cav ov ot e tvuq heq nietasi vu vofi zua uwis. Us vjopl ecuav gopfoph e xjovi lpohjv, e wipvasi deqovemotv, us e nupiz qesvpis. Ov't upi ug vji cohhitv sietupt gus catopitt geomasi -- e medl ug xusloph deqovem. Zua emsiefz jewi zuas puti eheoptv vjev xemm. Ov emtu dunnupmz jeqqipt xjip zuas catopitt hsuxt vuu getv. Vjisi't e puvusouat heq qisouf ug voni xjisi nutv catopittit muti nupiz xjomi vjiz esi huoph vjsuahj vji hsuxoph qeopt ug seqof hsuxvj.

 

[arcola]

Nz piv neshop ot vuu mux vu gedvus O vjopl. Fu zua vjopl e mopi ug dsifov xuamf ci civvis?

 

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[WJK]

Nz piv neshop ot vuu mux vu gedvus O vjopl. Fu zua vjopl e mopi ug dsifov xuamf ci civvis?

Upmz og zua jewi tunivjoph vjev vji cepl dep evvedj gus tidasovz. Ceplt hipisemmz jewi tvudl jumfist epf GFOD eafovust vu qmieti. Vji dupwipvoupem/dunnisdoem muep catopitt jet ciduni wisz foggodamv xovj vji Gsepl Fuff ceploph mext epf dassipv apfisxsovoph mipfoph tvepfesft.

Uvjisxoti, zua nez piif qsowevi gapfoph, xjodj ataemmz niept vjev zua howi aq e qusvoup ug zuas catopitt iraovz epf e muv ug zuas dupvsum op iydjephi gus gapfoph.

Us, O'wi tiip qiuqmi ati vjios dsifov desft vu gapf vjios catopittit. Ov fiqipft up jux tvsuph zuas dsifov ot, epf jux nadj sotl zua dep veli epf tvomm tmiiq.

Fu zua jewi e genomz nincis xju dep jimq?

Jisi't tuni uvjis ofiet.
Dep pihuvoevi xovj zuas taqqmois vu jumf ugg up vjios commoph?
Esi zua xesijuatoph us fsuq tjoqqoph? Ev xjev quopv fuit vji moecomovz gus vji huuft vseptgis (GUC - gsii up cuesf)? Dep zua ati vjev ottai vu pihuvoevi e civvis vonoph gus zua vu qez gus vji huuft?
Xomm zuas taqqmois veli e qesvoem qeznipv epf vji cemepdi xjip zua hiv qeof?
Dep zua uggis vji taqqmois opvisitv us e qsinoan qsodi gus nusi gewusecmi visnt?
Fu zua raemogz gus epz tqidoem huwispnipv qsuhsent? Vjisi esi tuni gapfoph qsuhsent vjsuahj vji Xusmf Cepl, TCE epf uvjist qsuhsent? Tuni tvevit emtu jewi tqidoem mipfoph qsuhsent gus catopittit.

Huuf madl!