How will I pay my suppliers for my first order?
For your first order, there will be a few working days between capturing your payment and receiving your first payout from Shopify. Therefore to pay your supplier to fulfil your first order, you have a few options.
Firstly, you can choose to use your own funds via a director's loan. By using your own funds, you will keep the delivery time to a minimum.
Remember you would only do this when you have captured the funds from your order so you can be confident that you will be reimbursed very soon.
If you didn't want to use your own funds, you can use a business credit card or wait for the payout and keep the customer informed about the delivery date.
After your first few sales, you will be able to use your profits to pay suppliers. Then your business will be self-sustaining and won't require any director's loans.
Further down the line, when trust is in place, you'll agree credit terms with your suppliers so that they will deliver your orders before expecting payment from you.