3 ms·
If your creditors and landlord don't believe in your product and mission, I'm not sure how that's actionable. Small businesses aren't in a position to make big
by neltnerb 7y ago
If your creditors and landlord don't believe in your product and mission, I'm not sure how that's actionable. Small businesses aren't in a position to make big financial bets.
If Goldman-Sachs wanted to stockpile masks made at 10 cents each and take on the risk of never being able to sell them, great. I cannot fathom how someone running a non-diversified business could possibly make such a choice.
- lazyjones 7y ago> If your creditors and landlord don't believe in your product and mission, I'm not sure how that's actionable They own their plant, as 30 seconds of research show. https://www.prestigeameritech.com/press-releases https://www.prestigeameritech.com/press-releases They've been in the business long enough and through at least one pandemic before (see below) to make this something other than a "belief" issue. Even small companies can build reserves if their business model works.