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Troubled Broward Trailers ‘Evaluating Options’

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Old 10-25-2019 | 12:52 PM
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SB
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Edit. Bad attempt for a smile.

Last edited by SB; 10-25-2019 at 12:59 PM.
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Old 10-25-2019 | 12:52 PM
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Originally Posted by hblair
Call me crazy, but if you wait til you have the cash to buy new equipment it always works out. Financing equipment is a good way to hang yourself. I know it’s common but so are failing businesses.
Valid point, so how do you apply this same philosophy to a business that's up and running but short on cash & needs to purchase materials & inventory in order to fill orders?
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Old 10-25-2019 | 12:57 PM
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Originally Posted by SB
So,
To make it all straight, buying a new Pantera with Arneson drives, hardware from Trick, props from Coastal, and to be delivered on a new Howard Trailer delivered by big chubby isn't a rational thing to do ?
Clearly w/ your vision you ONLY buy low and sell high!

Some of the failed marine businesses mentioned are barely in the same decade as the others, so I'm not sure I follow.
What is the point?
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Old 10-25-2019 | 01:00 PM
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Originally Posted by NASCAT
Clearly w/ your vision you ONLY buy low and sell high!

Some of the failed marine businesses mentioned are barely in the same decade as the others, so I'm not sure I follow.
What is the point?
Bad attempt of mine for a quick smile.

Edited post.

Carry on.
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Old 10-25-2019 | 01:05 PM
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Originally Posted by NASCAT
Valid point, so how do you apply this same philosophy to a business that's up and running but short on cash & needs to purchase materials & inventory in order to fill orders?
I don’t claim to be the best business owner around, but if you can’t pay the bills while business is good, you’re already in a spiral. Something should have been done a while back.

Last edited by hblair; 10-25-2019 at 01:22 PM.
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Old 10-25-2019 | 01:17 PM
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SB- This thread probably could use something to take the edge off & lighten the tone, didn't mean to jump your chit. I just didn't follow.

hblair- In general we all have our own assumptions that a particular business is doing well but unless we are involved or know people that work there we really just have our own perception. Uber is a perfect example. I bet if you ask most if they noticed how much Uber has grown over the years & whether they think it's a successful business their response will be YES. Unfortunately it's actually loosing millions but keeps on trucking.

Don't get me wrong, I've never owned my own business so I'm no authority on the topic but I also don't believe it's as cut and dry as we make it out to be.

If owning a business was easy & resulted in guaranteed success we'd all have our own but no employees b/c there would be none to be found.

Just one mans $.02.
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Old 10-25-2019 | 02:30 PM
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Originally Posted by NASCAT
SB- This thread probably could use something to take the edge off & lighten the tone, didn't mean to jump your chit. I just didn't follow.

hblair- In general we all have our own assumptions that a particular business is doing well but unless we are involved or know people that work there we really just have our own perception. Uber is a perfect example. I bet if you ask most if they noticed how much Uber has grown over the years & whether they think it's a successful business their response will be YES. Unfortunately it's actually loosing millions but keeps on trucking.

Don't get me wrong, I've never owned my own business so I'm no authority on the topic but I also don't believe it's as cut and dry as we make it out to be.

If owning a business was easy & resulted in guaranteed success we'd all have our own but no employees b/c there would be none to be found.

Just one mans $.02.
Well I have to disagree with you here NASCAT on one point. Uber isn't losing millions of dollars - they are losing Billions, about a Billion a quarter now.
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Old 10-25-2019 | 02:36 PM
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Originally Posted by Marginmn
Well I have to disagree with you here NASCAT on one point. Uber isn't losing millions of dollars - they are losing Billions, about a Billion a quarter now.
I hope they don't fold up until after Key West.........
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Old 10-25-2019 | 03:02 PM
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Originally Posted by payuppsucker
I hope they don't fold up until after Key West.........
That is Hilarious, you might have just Jinxed them!
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Old 10-25-2019 | 03:02 PM
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Originally Posted by Marginmn
Well I have to disagree with you here NASCAT on one point. Uber isn't losing millions of dollars - they are losing Billions, about a Billion a quarter now.
You got me there, at least it's divisible by millions
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