I was listening to a podcast about FreshPet dog food. The owner said they have yet to turn a profit. Can some explain to me like I’m 5 years old how a business can run without making profit? How do they pay their bills? How do they pay their people? How do they buy ingredients? How do they pay their personal bills? I just can’t wrap my mind around it.

  • BayouPelicanOPB
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    Thanks. So basically until a business makes back the investment it isn’t profitable. Hypothetically, if FreshPet got a $100,000,000 investment, they are not profitable until they make back that $100,000,000? Then any extra money made above expenses would be profit?