Navigating Failure: Buying a $5m+ Business that Collapses
Acquiring Minds
00:00
The Tough Decision to Wind Out the Business
"We were truly in the emergency room, and you didn't have time to process things," he says. "At that point, we just said, all right, we're just going to have to ... repair these cars for free." The company's production times went from 20 days of return a car to 60 days; profit evaporated. 'It was an amazingly difficult period'
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