Say I sell “1 million worth of product”…. But realize profit of 5,000 dollars after operational costs. Then say I owe debts of 1.5 million…… putting me 1.495 million in debt….. debt has interest, further business loans suck as I’m in a bad financial spot…….then tell you I haven’t received any cash, but they promised to pay…..
Adding insult to injury, I decide to skip out on paying taxes / license for business/ skip paying rent……..this a good look?!?!