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Registered
Join Date: Sep 2007
Location: Ventura County, CA
Posts: 4,018
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A great example of this is MKS Performance in Camarillo, CA. He just went out of business, a couple years after opening...NOT from a lack of customers. He had them stacked up trying to get in there. He lost it due to poor cash-flow management.
The owner was a certified Porsche technician at a local Porsche dealer. A super nice guy and EXCELLENT mechanic. He developed a strong following and jumped out on his own...Unfortunately, with XXXXX business management or P&L experience. When you are put COD on parts, and cars start stacking up without parts to put them back together, even loyal customers start getting angry.
Edit: I'm editing this to say "poor business management and P&L experience". I can't say for sure that he had ZERO business experience.
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Craig T
Volvo V60 - Daily Driver (I love it!)
997 Turbo - FVD Exhaust, GIAC Tune - 542 dyno hp on 93 oct
1972 Chevy K-10 Pick-Up Truck Hugger Orange
Last edited by Craig T; 02-15-2018 at 08:53 AM..
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