The Economy in Your Words

The finest way to "ride out" temporary difficulties, is to diversify the operations of the company.

In industry it is known as "the Scrooge McDuck" principle, of buying out your suppliers, also your customers, then expand "sideways"to include your opposition.

All this takes capital, but sometimes little capital is required, just an arrangement between "friendly companies and management".

Kind Regards....

In industry it is known as "the Scrooge McDuck" principle, of buying out your suppliers, also your customers, then expand "sideways"to include your opposition.

Isn't this just vertical intigration? This is nothing new and happens in good times and lean times.

Travis

Gosh! I believe the figthing of the 'Bulls Vs. Bears' are distracting the bussines in general. Between bankrupcies,downsizing,recession,forclosures,depression,budgetcuts,fuel,gas,etc. is been a 'no win situation' latetly for many.

Bailouts is a good thing to apply in the areas of needs mainly, like poors neirghboods programs and so on. Or in case when a company is in trouble unintentionaly, you know assuming things happens too. No problem!

Back to Bussines,

MC