"If debt is **used to run the business operations, or to cover cost of goods sold, it is likely an indicator of a debt anchor**." ([Location 1550](https://readwise.io/to_kindle?action=open&asin=B07SZQMH7Z&location=1550)) --- **Tags** -- [[quotes]], [[bad-debt]], [[liabilities]], [[cost-of-goods-sold]], [[business-improvement]] **Source** -- [[202410110432 - B - Fix This Next]]