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Rifles, Reloading, Optics, Equipment
Reloading
Blackjack bullet refund
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<blockquote data-quote="Prairie Sasquatch" data-source="post: 2740670" data-attributes="member: 124243"><p>Would be interesting to know how much they owe people for pre-orders. I worked as a banker for 17 years before escaping that world. At this point you are an unsecured creditor. </p><p></p><p>Most small businesses have no idea how to properly account for and appropriate pre-paid customer orders. Times get tough and they start using those funds (which are a liability and should be put in a separate account outside of operating funds) to keep the doors open or worse to fund personal expenditures because they get over extended personally too. Pretty soon the funds are gone and the secured creditors come calling and mop up what they can. Customers are left holding the bag. </p><p></p><p>Having seen all the problems first hand I very rarely pre-order anything. Pre-orders indicate two things which I never like in a counter party 1) We don't have the product and you have to trust I'll get it and then ship it. 2) I don't have enough working capital to fund the purchase or manufacture so I need your money to do it. </p><p></p><p>Neither reasons give me the warm and fuzzy's as an unsecured creditor.</p></blockquote><p></p>
[QUOTE="Prairie Sasquatch, post: 2740670, member: 124243"] Would be interesting to know how much they owe people for pre-orders. I worked as a banker for 17 years before escaping that world. At this point you are an unsecured creditor. Most small businesses have no idea how to properly account for and appropriate pre-paid customer orders. Times get tough and they start using those funds (which are a liability and should be put in a separate account outside of operating funds) to keep the doors open or worse to fund personal expenditures because they get over extended personally too. Pretty soon the funds are gone and the secured creditors come calling and mop up what they can. Customers are left holding the bag. Having seen all the problems first hand I very rarely pre-order anything. Pre-orders indicate two things which I never like in a counter party 1) We don’t have the product and you have to trust I’ll get it and then ship it. 2) I don’t have enough working capital to fund the purchase or manufacture so I need your money to do it. Neither reasons give me the warm and fuzzy’s as an unsecured creditor. [/QUOTE]
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Rifles, Reloading, Optics, Equipment
Reloading
Blackjack bullet refund
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