Marketing and other stratagies for Bristol
You are right, and many small companies stay open and operating, and a lot of their success is dependent upon what we call 'hands-on' in the business. I have found in my own 4 business adventures that you cannot operate them at 'arms-length' unless you want to deliberately run them at a loss. I did that of course, for tax reasons in some cases. But to just 'invest', with hopes of some return is pure folly. I suspect a lot of that took place in Bristol's case. Same goes for David Brown and the Aston saga. There has to be a personal interest in the business. No one will run your business for you like you would yourself.
|