>> Works ok as a model for manufacturing business, but not for the online world. Simply
>> put, the HJ site is heavy on fixed costs, with variable income.
>>
>> To fix it, you work on one, the other or both. In his case i
>> think the fixed costs are excessive.
>>
The fixed costs need to go out every month (wages, rent etc.).
The invoices get raised but probably don't get paid on time.
Same cash flow situation, slightly different reasons.
And VAT will be payable on the full invoice price with less input VAT to offset against.
Last edited by: zippy on Fri 17 Jan 20 at 19:41
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