Thursday, September 19, 2019 2:27:33 PM
If your supplier offers White Label product, you can get your own logo on the product, for a sizeable minimum order.
That why VTNL was buying $30,000 (cost) of products from their supplier, for the first 2 quarters of 2018.
Buying $30,000 (cost) of stuff and then selling only $5,000 (retail) of it is a sure-fire way to BK. You end up writing off and destroying the excess inventory.
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