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A person wants to do business on the cheap. Now they have two problems. All the time you have spent in this thread, could have been spent figuring out how to
by brudgers 3y ago
A person wants to do business on the cheap.
Now they have two problems.
All the time you have spent in this thread, could have been spent figuring out how to make enough money to make the problem go away. Money solves all business problems.
My advice: Segment the market to avoid problems you can't afford. Because avoiding problems is the easiest way to solve problems. If you can't afford to solve the VAT problem, avoid it.
- mytailorisrich 3y agoGood points. I think, though that in this case @seabass may have suffered from information overload by subscribing to too many Stripe services. IMHO he got this notification about UAE tax and somewhat panicked. Frankly, the best thing to do was to be grateful for this customer and to move on instead of shooting himself in the foot by rushing to manually register for tax in a country he knows nothing about over a $5 sale. He didn't really have a problem, IMHO.
- brudgers 3y agoServing customers who are not worth serving is a mistake. For most businesses that’s most people. The mistake is only charging $5. If it were $5000, the overhead of accountants fees, would be covered. At $50k, the fine would turnout fine.
- mytailorisrich 3y agoMy point is that it is over the top to say that the customer in this case, and many others, is not worth serving. The mistake here is panicking over nothing, though it seems a bit too late now...
- brudgers 3y agoApple segments the market to avoid people who aren’t worth serving. Ferrari too of course. It’s a thing successful companies do. Think of all the Japanese electronics sold only in Japan.