500,000 saved up from working in a club.....this girl must think we're stupid
so I'm looking at her balance sheet right now in this link:
https://find-and-update.company-information.service.gov.uk/company/12607533/filing-history
from an accounting perspective, her dad must have pumped this money in her business - first as cash - and then ByErim lent it to her dad's business, so the money simply went where it needs to...so her balance sheet looks strong with the 500,000 sitting under current assets
this was done most likely because ByErim needs more investors and wants to sell the oils in stores, all of these investors will look at the balance sheet and ensure the money they invest in the business can be re-paid. so in order for the business to be able to re-pay the investors, the assets must be greater than the liabilities...in non-accounting terms: what they have must be greater than what they owe...in this case, ByErim's balance sheet looks strong simply due to the 500,000 sitting under assets.
i hope this makes sense and sorry if i stated the obvious - but some people may not understand how to read a balance sheet so I thought I would provide my view
in conclusion - she did not make this 500,000 from working at the club, she had her dad put this cash in the ByErim business and then the business lent it to a 'related party' business which belongs to her dad as stated in the balance sheet..both businesses benefit in this case because now ByErim can show a strong balance sheet
her dad's been an entrepreneur for many years now and i'm sure he has guided her financially along the way and it sucks that she simply just can't say that...this is not a bad thing at all.
I rather see someone on social media appreciative of the opportunities and privileges they have had than someone simply lying. her narrative could have been 'i struggled as my mom passed but my dad took good care of me, and because of him - look where I am now'. that could have also provided inspiration and motivation to young kids and especially single-parents that don't feel good enough at times because they can't fill both roles...
i dunno, she could have taken it in so many ways if she really did want to lie but instead she chose the 'i was so poor' road when clearly there's facts that she was not