Special Edition | Paper Source Files for Bankruptcy
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I wanted to share this quick, informational episode on the recent announcement from Paper Source about them filing for bankruptcy on March 2, 2021.
In the last few weeks, members of our community have shipped hundreds of thousands of dollars worth of products to Paper Source. Paper Source placed large orders ($9K, $15K, etc) from small independent businesses and in many cases asked companies to move up their ship dates (send them sooner). With the recent news, this is a huge hit to independent brands who now don\\u2019t know if they will get paid.
I\\u2019m not an attorney nor do I have experience with bankruptcy in a B2B setting but in this episode, I am sharing some thoughts and advice I have for those affected by this news.\\xa0
Keep an eye on the show notes from today\\u2019s episode and my Instagram feed @prooftoproduct.\\xa0 I\\u2019ll share additional resources & information as they become available on the website at https://www.prooftoproduct.com/podcast-episodes/paper-source-bankruptcy
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ON TODAY\\u2019S EPISODE:
- Advice for small business owners affected by Paper Source filing for bankruptcy
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RESOURCES:
Instagram\\xa0
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