| ▲ | desktopentree a day ago | |
From a financial perspective, what were your biggest challenges? What was the working capital cycle like? Were you forced to do a certain level of minimum order quantities and did the cash constraint limit other decisions? | ||
| ▲ | chipweinberger a day ago | parent [-] | |
500 units was my first run, and it worked out really well. None of the suppliers complained about that order size. I recommend starting with a smaller quantity until you've validated the market. The "economies of scale" between 100, 500, or 1000, units are not all that dramatic. Perhaps 30% cost difference. I was originally planning to do 4000 units as my first run. Boy I'm glad I started to run out of money and cut it way back. That would have been way too much as a first run. | ||