Have I become too cynical or is crowd-funding a LYS a bit shit?
The nearest LYS to where I live is 2+ hours by public transport. I can order online and there are some shops in my city but they only sell acryllic yarn like Stylecraft and some King Cole. You can imagine my excitement when a local yarn dyer announced she was opening a new yarn shop nearby. She's been talking it up loads, especially all the nice yarn brands she's going to stock (West Yorkshire Spinners, Sandnes Garn, Rosa Pomar, etc). She's been running a yarn business for years and I let myself get really excited about it.
Today she posted saying she can't actually stock any nice yarn unless customers pay for it upfront. She explained it's because nice brands often need a big order upfront and she doesn't want to risk getting a bank loan.
I want to believe this is legit but I feel really disappointed. Why wouldn't she research this stuff upfront, before deciding to launch the business? Why is it not ok for her to take on financial risk, but to ask everyone else to? Why not launch an online business first and check you've got demand, before investing all your money in a physical venue?
I don't know if I'm being too harsh or have spent too long reading horror stories about bad business practise on subreddits like this. Or if this person I thought was legit is behaving irresponsibly and I should steer clear.