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Type: Posts; User: Oldwrench

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  1. And the word of mouth when entering a new market...

    And the word of mouth when entering a new market is satisfying indeed.
    If you sold out to a big company like Lincoln, that's the holy grail compared to the way most businesses get disposed of. I...
  2. You mention having sold the business in 2011...

    You mention having sold the business in 2011 about the time competitors were springing up. It's rare that the timing works out for selling a business; it requires the buyer to believe it's still on...
  3. True, but you don't want to end up dependent on a...

    True, but you don't want to end up dependent on a prima donna. Here's a better way: work hard enough for long enough to be able to lease-purchase some CNCs, hire reliable intelligent people, and...
  4. Without casting aspersion on the OP, his...

    Without casting aspersion on the OP, his voluminous advice is highly generalized and could have been taken from most of the books you can buy at an airport.

    A manufacturing business, while...
  5. The statement advising renting over ownership is...

    The statement advising renting over ownership is bit simplistic IMHO. Owning gives you the ability to lease the premises to your company for $10K a month or whatever. Rent is throwing away money,...
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