Why Fast Solar Sales Created a Dangerous Cash-Flow Gap
Solar looked like another sales business, but Waller discovered that its construction economics were radically different from home security. Costs for commissions, marketing, permits, interconnection, and equipment arrived well before installation revenue, so rapid growth increased the cash requirement instead of immediately relieving it.
- Solar revenue could arrive two or three months after a sale
- Multiple costs had to be funded before installation
- Growth amplified working-capital pressure
- Waller went without payroll for 19 months and reinvested prior proceeds
“you sell a job you don't get paid till it installs and that could be two three months later”
“you got to pay your sales commission your marketing your interconnection your permitting everything and it becomes a cash problem”