FIRE SALE: Take out a competitor AND make money! (PART 3 – Making Decisions Under Duress)
You may think this subject is crass and not appropriate for the COVID-19 times but give us a second of your time to explain.
The economy has taken nose-dive and your manufacturing business may be taking on water faster than you and the crew and bail it out.
However, if you could look at your competitors, guess what? It’s very likely they’re hurting just like you – or they may be going down for the third and final time.
What does this mean? Well it means there are opportunities that are not normally present and that if you can capitalize on those opportunities you may not only survive – but thrive – all the while taking out a competitor!
And best of all – you may not even have to buy them, their machines, or come out of pocket with cash to make this happen.
So, we think it’s definitely worth your consideration, even if times are difficult. This might just be the silver bullet you’ve been searching for.
That’s why we’ve made a video to guide you through alternatives that you might consider to leverage the opportunities that are sure to abound in today’s environment.
The video is called “ FIRE SALE: Take Out a Competitor and Make Money!”.
At the end, we offer the opportunity to request a free, no-obligation financial checkup, should you want someone to talk to about your unique situation.
We hope you’re staying safe and doing well. But hope is not a strategy.
Let’s determine what you can DO now! –> FREE financial and cash management checkup
This video is Part 3 of our series on Making Decision Under Duress.
Part 1 – Do I need to layoff: https://velocitypricingsystem.com/blog/do-i-need-to-fire-people/
Part 2 – Why Operating at 50% Manufacturing Capacity is a Half-Baked Solution: https://velocitypricingsystem.com/blog/50-percent-manufacturing-capacity/