A small-business owner with $100k in debt and $7k in the bank describes the fallout when a team member jackknifed a trailer into a brand-new Ford F250, damaging the light and quarter-panel. The financial strain is threatening the company's ability to grow.
$7,000
$100,000
$1,500
September 20, 2023
But this has got to hurt. Brand new F250. One of the team members jackknife the trailer and no fun replace the quarter panel. Said that light cost fifteen hundred dollars.
Brutal. Gilly's new trucks, they look awesome. I'm not gonna lie. The really nice shop space, also very cool. But these things could be keeping him from growing his business.
There's $7,000 in the bank. He's like a week away from being essentially bankrupt. Yeah, like, at least in Sullivan, he had a hundred thousand dollars worth of debt.
