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Business, 11.05.2021 01:00 gunruner21

PLEASE PLEASE HELP John wants to open his second bakery shop. The business has done well in his first shop because of several corporate accounts that place regular orders for breakfast pastries and sandwich platters for business meetings. To win such customers, John extended credit for 30 days for all bills. He has not bothered to conduct a credit check for any of these customers. He plans to close on the location for his second store at the end of the month. He will need all those accounts to pay on time so that he has enough money to make the rent at the new location. Is John budgeting correctly here?

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