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Tsikot Member Rank 4
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- Jan 2007
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July 7th, 2011 03:11 AM #11Hmm ... IDK and I wont judge what your bro did but if you can project that you can make bawi any sacrifices you have to make right now, just grit your teeth and do it. Kasi at the very least, you were left with customers and suki (I hope). Kung hindi naman, baka dapat liquidate ka na lang. So some serious pencil pushing is in order before any step is taken.
In my experience, I've had 2 liquidations, 1 turn-around, and 1 growth/expansion. Masarap siyempre yung growth/expansion but someone ELSE turned it around first. Also, I learned a lot even from the liquidations.
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July 7th, 2011 10:28 PM #12
there are still sukis, pero most di na gaano napunta because kulang-kulang na stock ko.. and most of the ahente/suppliers lost confidence na din...i still have chance of recovery because, as i said "most" lamang....hindi "all".
Lessons learned, time to maximize whatever i have now...as of now, xtrail is under mortgage for 180T *12% for 114 days.. while waiting for the right buyer/deal that i cannot refuse..
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Tsikot Member Rank 4
- Join Date
- Jan 2007
- Posts
- 2,326
July 13th, 2011 11:38 PM #13Good Luck Always! Wow, I didnt realize ganoon kalaki ng interest ng chattel mortgage?! Well, as long as you think it's do-able and worth it!
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July 15th, 2011 12:50 AM #14
Be careful with channels like "China Observer" on YouTube. There is a clear bias in their posts and...
Xiaomi E-Car