Gimme Some Credit! (Tips for Getting Inventory Financing)
Unless you’ve got a stash of cash, it’s almost impossible to grow a music retail business without bank borrowing, institutional financing or vendor credit. Still, the wrong kind of debt can hurt your business—and even put you out of business. Alan Friedman, a CPA and partner with Friedman, Kannenberg & Co., will moderate a lively, informative discussion with three inventory finance and credit professionals dedicated to music retailing. You’ll find out how to identify and obtain the right type of inventory financing for your store and how to avoid the financial pitfalls that cause loan and vendor-credit requests to be denied.
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