30% is your profit margin, so then is 70% your cost-of-goods-sold?
Paying 30% of your sale price to payback the doesn't seem like a bad deal to me -- you'll have 70% of your sale price to cover...
Type: Posts; User: tallen; Keyword(s):
30% is your profit margin, so then is 70% your cost-of-goods-sold?
Paying 30% of your sale price to payback the doesn't seem like a bad deal to me -- you'll have 70% of your sale price to cover...
You are buying inventory with that money, the 30% is just part of your COGS -- if no sales, no 30% payment to make, although I am sure that the deal has some provision to make sure that PayPal does...