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Step 6 of 10 in this module#436 of 1,000

6. Managing "The Float": Your First-Week Strategy

Part 5 • Crucial Financial Clarity - The Fulfillment Payment

Because of the float, it's wise to have a small cash buffer (e.g., $50-$100) available in the bank account or on the credit card connected to Printify when you first launch. This buffer covers the fulfillment costs for your first few sales, ensuring that the transactions go through smoothly without waiting for the customer payments to clear. Once your store is making consistent sales, the daily deposits from customers will create a steady cash flow that easily covers the daily fulfillment charges, making the float a non-issue.

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In this module: Crucial Financial Clarity - The Fulfillment Payment10 steps
  1. 1The Core Principle: You Are a Middleman (In a Good Way)
  2. 2The Requirement: A Payment Method on File
  3. 3The Golden Sequence: How the Money Flows
  4. 4The Result: Guaranteed Profit
  5. 5Floating and Transaction Times
  6. 6Managing "The Float": Your First-Week Strategy
  7. 7The Role of the Printify Wallet
  8. 8Handling Refunds and Returns
  9. 9Setting Up Your Payment Method in Printify
  10. 10Final Confirmation: You Are in Control