How can this be right...

Not knocking you for trying it scaffy, as with everything it has its pro,s and con,s and if you were doing certain works for certain clients it can allow you an excellent cashflow sometimes even allow you to up your prices on the basis of longer credit facilities to your client while still getting the cash from your factor.

My post was more an overview of what we have been talking about basically, in my opinion getting bigger included the following.

more scaffold you bought the more you needed
more cash you made the more you needed
more staff you got the more you needed
more vehicles you got the more you needed
the more of everything you got the more and bigger the bills you got.

Probablies most companies were putting all their cash into assets leaving no cash to splash on life, its ok having assets of £500,000 untill you try paying the bills using 50 x 21s 50 x boards and a hundred fittings :laugh::laugh::laugh:
 
Aom tuppence worth to a very good thread, "Small is beautiful.":cool:
 
Best Of Luck For The Futrure Moanalot,You Sound Like A Firm I used To Subbie To Before The Crash,They Have Done Pretty Much The Same As You .Good Luck To You.
 
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