Take Advantage of Bargains from Businesses in Trouble

Posted by: Rod Kurtz on January 14, 2009

If you have the cash and warehousing space to take advantage of bargains from distressed or failed businesses, now is the time to do so. Do not hesitate to ask for a lower price, or ask for more at the same price. Cash speaks in a very loud voice, so use it if you can. However, remember that unless you know who will buy an item and how you will sell it, it is not a bargain—it is junk.

Marilyn Holt
Holt Capital

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