Taco Travesty

[DJ's left nut]

Originally Posted by HemiEd

The truth is coming out. Over a half million owed to suppliers I have read.

Growth is expensive.

Success kills a lot of businesses that don't prepare for it correctly. They just know they have a lot of sales and want to have more so they try to scale up without a plan for the additional overhead and immediately find themselves buried by the debt service.

"If you're not growing, you're dying" is accurate to a point. In some cases, the growing causes the dying. Growth is important but it gotta be thought out. Sometimes the worst thing that can happen to a business is one of those massive vendor contracts that they're just not ready for. They scale up too quickly and everything falls to shit.

[HemiEd]

Originally Posted by DJ's left nut

Growth is expensive.

Success kills a lot of businesses that don't prepare for it correctly. They just know they have a lot of sales and want to have more so they try to scale up without a plan for the additional overhead and immediately find themselves buried by the debt service.

"If you're not growing, you're dying" is accurate to a point. In some cases, the growing causes the dying. Growth is important but it gotta be thought out. Sometimes the worst thing that can happen to a business is one of those massive vendor contracts that they're just not ready for. They scale up too quickly and everything falls to shit.

Yeah, so very true! Back in the day, Sears would cripple a company with so much business they would end up taking them over.

Walmart may have had some impact here, but I did read a post, not sure how accurate, that two guys bought the company and then drained it of cash.

[Mosbonian]

Originally Posted by HemiEd

Walmart may have had some impact here, but I did read a post, not sure how accurate, that two guys bought the company and then drained it of cash.

Most of the big box retailers still do that....they want to become the largest customer so they can demand price concessions or to figure out how to make the same item cheaper and drive the company to more concessions or out of business.