Originally Posted by LTD02
pre-paid accounts/donation button. i'm not a big fan of that idea. the amount will be small and the source of funds unreliable.
have you looked into some sort of inventory financing/revolving line of credit?
prime rate right now is around 3.5%, so even with a 4% premium (not sure what you would get quoted), that is still only 7%. if you turn the inventory over 4 times per year, the additional cost on each item is 7%/4 = 1.75%. you would add the 1.75% onto the price of the goods sold, so you break even. .
The problem with this is that banks aren't really loaning money very easy right now. And my guess is that none are going to loan some Joe Schmoe $20k - $30k to buy speaker boxes and parts.
But there's no need to worry, I'm going to hammer through these projects full speed ahead and get as many done as I can. I'm in this for the long haul no matter what, and not a chance of letting anyone down at this point.
I was just hoping to do more crossover boards. But I think they would be close to $800+ per design. Maybe I can just get 4-5 of them made up for certain speakers.
SLVRM3, there are some tower options coming. I don't want to go into too many details on those right now.