Quote:
Originally Posted by JodyHighroller
The margins are tight especially on popular references. Typical markup is only $1-2k. They don’t have enough liquidity to purchase all the timepieces being offered to them, so have to balance paying off a sold unit or purchasing more stock.
The margins are much slimmer than I would’ve thought.
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Interesting. I wonder what kind of net income he aims to make at the end of the year on 35 million in sales...
Regardless, it just seems in poor form to tell a customer you can’t pay them for a few more days because you need the money for something else
