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2023-08-25 09:48:49

Yvan on Nostr: One thing running my own business has taught me is that this is a not-uncommon ...

One thing running my own business has taught me is that this is a not-uncommon English business model:

1. start a limited company

2. buy and sell goods

3. pay yourself a big wage

4. only pay selected suppliers for core supply to keep you going

5. withhold funds from many other, usually smaller, suppliers who're reluctant to take action for £2k of bills

6. eventually get forced into administration, wipe out all debt, walk away with a fat personal bank balance

Yes, people are arseholes.
Author Public Key
npub18yxfxjyez4ddzdsls0rdrjaself2nuwctvzjt7lnt89fwf0rjlnspzv42y