| solefoodbk | 09-10-2026 07:39 AM | Re: eBay Seller Capital Loans Quote:
Originally Posted by SaiJin
(Post 1271674)
COGS?
For some reason I'm not surprised that you managed to make it work to your favor. | Cost of goods. I am technically not where I want to be yet, because I keep reinvesting in all these things that make my end of month reserve still closer to break even. I used this $3k to ensure I could pay a supplier, then sold some stuff I have in transit from last month that arrives next week. While it is high risk to do this because INRC it's not a long term practice I will continue doing.
Works far better if you have your own website and let customers know of delays. If so, you could basically fund your entire monthly expenses with already sold sales that cover the fees. However, I would rather just want to have enough cash to not need to operate this way because it's far more risky and creates more stress.
Overall taking on debt I don't think is a good long term strategy. Not for my risk tolerance. |