<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by buddyboy:
chicken before the egg... now that is funny.
How does a new book "prove" that it is ok?
It is real easy. Just have enough cash to stay open for a year or two without having to borrow money from your players accounts by dipping into the post-up cash.
All we really need to know is that your business plan is not based on you having a good football season in order to cover your start-up expenses then limping in along thru next summer. <HR></BLOCKQUOTE>
I have seen the bad - the books that use player money until there is nothing left - in fact, there have been more than a few posted about here.
Our business plan includes keeping operational and customer money in separate accounts. Customer accounts are CPA audited on a monthly basis.
And yes, we are funded to get beyond two years.