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Side Hustle School

Ep. 2968 - Q&A: “How do I handle customer refunds without ruining my cash flow?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 15 February 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

In today’s episode, we help an online shop owner navigate the tricky balance of customer satisfaction and financial stability. Refund requests don’t have to derail your business—discover how smart strategies can make all the difference.

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

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Visit Chris's main site: ChrisGuillebeau.com

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Transcript

Click on a timestamp to play from that location

0:00.0

With our longtime partner, ShipStation, you can save hours and money every month by shipping

0:04.3

from all your stores with one login. It also lets you find the best rates among all the global

0:09.1

carriers allowing you to focus on other parts of your business. Calm the chaos of order

0:13.5

from a moment with the shipping software that delivers. Just go to shipstation.com and use code

0:17.8

side hustle to sign up for your free trial. That's shipstation.com

0:21.8

code side hustle.

0:25.6

Lemonada.

0:30.2

How can you handle customer refunds without ruining cash flow? We're going to hear from an online shop

0:40.6

owner today. Her name is Abigail. She's got this handmade leather wallet business. It's going

0:45.8

well. She's got wholesale accounts in multiple countries, but of course she has a challenge.

0:50.2

That's why we're talking here today. She's got some refund requests that have been coming in,

0:54.9

which is frustrating. There's a financial strain of these refunds, probably an emotional strain,

1:00.7

too. I don't know if she talks about that, but I've always noticed that whenever there's a refund

1:03.8

request. It's not just that there's money going back out of your account. It's like, hey,

1:08.0

that money's going the wrong direction. I'm used to seeing the money like increase in my account. Now it's decreasing. That's not how it's supposed to work.

1:14.7

But it's also this, you feel rejected, right? You feel like, you know, this emotional pain of a

1:20.4

customer requesting a refund. So that's like a whole other topic. But it is a part of the refund

1:25.5

process or the operating process of most

1:28.5

small businesses and online shops. So let's see what we can do to help Abigail. Can we make her

1:33.2

life a little bit better? And anybody else out there who's selling something or thinking of selling

1:37.7

something online, how can you handle refunds and not have this become a cash flow headache?

1:43.7

That's today's question, detailed version,

...

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