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Re: 2tommy2 post# 93533

Thursday, 04/25/2019 1:38:47 PM

Thursday, April 25, 2019 1:38:47 PM

Post# of 110348
Really.

Its not good to be running out while trying to expand. IMO Where is that Marketing Manager at?



Part of due diligence is understanding business, especially trying to open a new one.

The company is in a great position not being able to keep up with demand.

A good friend of mine and I opened an ice cream and smoothie business on a beach. We order inventory in the amount recommended by the distributor. WE sold out in 3 days rather than the forecasted one week. Some ingredients and new equipment got held up at customs. So we lost some opportunity for a number of days. Did we quit and cry or get more excited for a growing small business. Now just compound that into a larger business that faces more problems and also govt regulations that limit financing, that governs labels, recipes, transportation, and distribution. 3 sets of regulations I might add, local, state. and federal. I could go on, but I think this will suffice.

I have owned 5 businesses. Nothing ever goes as planned and to expect anything else is a hint one should not go into business. It is certainly not for everyone.