Seasonal Revenue Is Crushing My Cash Flow (What Should I Do?)
July 8, 2026
AI Summary
5 min read"Are You Dutch, or Are You Successful?"
Steve Koopman runs a $2 million Dutch bakery and bistro in Edmonton with 31 team members. His business is genuinely seasonal: most of the revenue comes in November and December, driven by Christmas sales and imported goods from the Netherlands. January and July are brutal. In July, Edmonton empties out for holidays, school is out, and nobody needs sandwiches. The shelves go bare. Customers start asking if the business is closing.
Steve's instinct was to tighten spending during slow months — keep inventory low, conserve cash, survive until the next peak. But that created a new problem: empty shelves looked like a dying business, not a seasonal one. He came to the show asking how to reconcile the tension between spending money to make money and the reality of spending more than you're taking in during the off-season.
The Identity Trap
Head coach John Felkins pushed Steve on something deeper than cash flow. "Do you want to be Dutch, or do you want to be successful?" It sounds like a harsh question, but it gets at the real issue. Steve had been treating "Dutch" as a constraint — a fixed identity that limited what he could offer and when. If you're a Dutch bakery, you import from the Netherlands for Christmas. You don't make apple pie. You don't pivot for Canada Day barbecues in July. That's not who you are.
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What you'll learn
- 1 (00:05) **The Real Problem Isn't Cash, It's Identity** - Host John Felkins introduces the core tension: many business owners mistake a cash flow problem for an identity problem, especially when tradition and profitability collide.
- 2 (01:05) **Siba's Core Problem: Seasonal Cash Flow and Stubbornness** - Siba describes the challenge of maintaining inventory and cash during slow months, leading to empty shelves and customer concern.
- 3 (02:15) **The Identity Question: Dutch or Successful?** - John challenges Siba directly: "Do you want to be Dutch or do you want to be successful?"
- 4 (03:25) **Exploring Margin and Product Mix** - The conversation shifts to the business's financial structure: 60% bakery (bread/pastries) and 40% Dutch imports.
- 5 (04:36) **Identifying the Worst Month: July** - July is the slowest month due to holidays and school being out, with no major local celebrations.
- 6 (06:49) **Returning to the Margin Problem** - John brings the focus back to operational margins and Siba's financial awareness.
- 7 (08:01) **The Inventory Dilemma: Empty Shelves vs. Waste** - Siba explains the tension: fuller shelves sell better, but unsold baked goods (one-day shelf life) become waste.
+ Full timestamped outline available in the app
Guests on this episode
Show Notes
🎯 Figure out your business's next steps in a free consult call with an EntreLeadership® team member.
Holding on too tightly can keep your business stuck.
In this episode, John Felkins coaches a business owner through the tension between tradition and profitability, helping you make smarter decisions that create year-round stability.
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