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So Why Are CNC Machining Bosses Always Short Of Money? They Also Have A Hard Time Speaking Out...

2021-06-11 09:12:38
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When The Boss Of A Machining Business Says He Has No Money, Many People Don't Believe It. In Real Life, Many Bosses Are Often The Poorest People. They Keep On Taking On Debts Increasing Their Assets. The Cash They Actually Have Is Always Tight Tight. So Why Are The Bosses Of Machining Businesses Always Short Of Money? They Have No Way To Express Their Suffering. Please Read On...


1. Engage In CNC Machining , Which Requires Large Investment.

Necessary Investments For Every Machining Business Owner: Rent, Labor, Equipment, Inventory, Daily Expenses, Etc.


The Rent In First- Second-Tier Cities Is Around 200,000 300,000 Yuan, In Third- Fourth-Tier Cities It Is Also Around 100,000 Yuan, The Rent Is Still Increasing Every Year. The Investment Is Getting Bigger Bigger, The Return On Investment Is Getting Slower Slower.


2. Engaged In CNC Machining With Large Inventory.


The Boss Of A Machining Company Spends Hundreds Of Thousands Even Millions Of Yuan Each Time Purchasing Goods, He Still Has Millions Of Yuan In Inventory At Home. On The One Hand, The Funds Are Occupied By Downstream Companies, On The Other Hand, There Is A Backlog Of Inventory. In Addition, Some Of His Peers In The Market Are In Arrears. The Boss Has Less Less Working Capital In His Hands. Many Machining Bosses Are Financing Through Bank Loans Private Lending, Their Operating Costs Are Also Increasing.

Credit

3. Engage In CNC Machining , With Little Profit.


With The Rise Of The Internet, Prices Are Becoming Increasingly Transparent, The Reshuffle Of The Machining Industry Has Intensified, Steel Prices Are Extremely Unstable, Environmental Protection Rectification Is Becoming Increasingly Severe, Many Small Businesses Have Closed Down Stopped Production, It Is Difficult To Do Business Downstream. However, Price Information On WeChat Moments Is Indeed Flying All Over The Place, Product Price Information Is Transparent.


Moreover, The Machining Industry Is A Labor-Intensive Industry With Very Low Profits Severe Price Competition Peers.


The Profits Of CNC Machining Bosses Are Getting Lower Lower.


4. Engaged In CNC Machining  Have A Lot Of Debts.


Now, Almost All Terminals Ship Goods Upon Receipt Of Payment. Only Will They Give The Machining Bosses A Penny Of Their Debts, But They Will Also Hold Back Their Payments. Many Machining Bosses Have Serious Debts In The Market. For Those With Slightly Larger Sales, The Market Debts Have Reached Hundreds Of Thousands Even Millions. The Bosses Are Facing Multiple Pressures. At Present, The Market Competition Is Fierce, Business Is Difficult, Funds Are Tight.


Selling On Credit = Selling On Credit To The Enemy!


No Phone Calls


No Reply To Text Messages


WeChat Moments Block


Even If Contact


Today Push Tomorrow


Tomorrow To The Day After Tomorrow


Anyway, There Is No Money To Pay



A Boss Of A Machining Company Said: "I Don't Usually Ask For Payment, Because I Have Money, But Because I Understand Everyone's Difficulties. If I Can Bear It, I Will Bear It. When I Ask You For Payment, It Means I Can't Bear It Anymore. The Money I Ask For Is To Be Deposited In The Bank Invested, But To Repay The People Who Have Always Supported Me!"


5. Engaged In CNC Machining , With A Hard Background.


Although There Is A Saying Among The People That "It Is Necessary To Ask A Hero Comes ", Most Machining Bosses Come Humble Backgrounds, Everyone Has A "Blood Tears Account".


In Fact, Many Machining Bosses Are Frugal In Their Daily Lives Are Called "Stingy". They Have To "Calculate" Everything They Do. Because The Bosses Have Started Scratch, They Naturally Have To Be Thrifty When Spending Money. What's More, As A Boss, No Matter Whether The Business Is Good Bad, The Income Is High Low, You Have To Bear It Yourself.


Even So, I Still Have To Work Eat, With Elderly Parents Children To Take Care Of.


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