That’s an old saw from the real estate industry . . . “you make money when you buy it – not when you sell it.” It’s a savvy insight that applies more than just to the sputtering real estate market.
Think about it for your business as you purchase inventory in this environment. In what I’ve dubbed the Double V Economy, there is BIG VOLATILITY and little visibility. It’s almost impossible to know how much inventory to buy. So, consider this maxim – “you make money when you buy it” and keep it foremost in your mind every time you buy anything you plan to resell.
Welcome to Exkalibur. I’m Lary Kirchenbauer, President of Exkalibur Advisors, Inc. Please take advantage of our resources to help you build your business ... and let me know what more we can do to serve you.
Read my latest column from the NY Times affiliate, the North Bay Business Journal.
Lary has a remarkable ability to provide a clear and thoughtful analysis of the business drivers and potential outcomes facing private companies at each stage of development. His insight has provided a powerful framework for decision-making in many challenging situations.
Noah J. Rosenkrantz, CEO, GreenLine Systems
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