03-08-2014, 04:40 PM | #183 |
Drives: 2013 Camaro 1SS 6-speed VR Join Date: Mar 2008
Location: Somewhere nice and cool
Posts: 303
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Ah I see.
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2013 Victory Red 1SS 6-speed w/ black stripes ordered 8/15/12
Delivered 10/2/2012! Corsa ZL1 catback exhaust, Black CAI intake with scoop and washer bottle relocation |
03-08-2014, 04:52 PM | #184 |
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I have a feeling that if and when the brand comes back , the boxes will have a sticker with something like this
Designed in USA Built is PRC/Mexico |
03-08-2014, 06:57 PM | #185 | |
knows 2 facts about ducks
Drives: ...and they're both wrong Join Date: Aug 2009
Location: The HMS Invincible
Posts: 25,072
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They won't be coming back, or at least I don't expect them to. |
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03-09-2014, 12:57 AM | #186 | |
Drives: 2015 SS Sedan M6 Join Date: Dec 2009
Location: Dallas, TX
Posts: 1,086
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03-09-2014, 12:21 PM | #187 |
Dances With Mustangs
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If you can't charge customers until you ship, and you have a large number of orders that are expensive to make, you need the money to be able to order all the materials and cover the payroll to build and fulfill those orders so you can ship and charge the customers. If you don't have the money and can't get the credit line, you can have the situation where you have a product that's selling and has orders and you can't fulfill them.
If anybody in your supply chain has a problem and now you suddenly can't get a key component, you've also suddenly got a problem. Now you have to find another source and the length of time that takes can be fatal business-wise if you were under-capitalized to begin with, because your overhead still continues each month eating away at your reserve. I don't see anything underhanded taking place with the Pfadt situation; just an unfortunate situation that didn't work out.
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Blue Angel is here!! 1SS/RS LS3 M6 IBM |
03-09-2014, 01:22 PM | #188 | |
Obsessed and Loving It...
Drives: 2013 1LE-SS Join Date: Jun 2013
Location: Saginaw, MI
Posts: 524
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Think you need to re-read. What I said was essentially don't google them and take what you find as fact and or draw your own conclusions. This is especially true if you have never been a business owner and this may not know anything about lines of credit, business loans, payment terms, etc etc etc. |
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03-09-2014, 04:52 PM | #189 | |
Account Suspended
Drives: 2012 ZL1 & 2010 2SS/RS Join Date: Jul 2009
Location: Maryland
Posts: 3,378
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It's not hard to start a business. The problem is, most of the people who start businesses do so because they want to spend their lives doing something they love…NOT because they have a clue what they are doing. |
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03-09-2014, 05:24 PM | #190 |
Turbine Maker
Drives: 2012 Camaro 2LT-RS "LFX"V6 Join Date: May 2012
Location: Hampton,Virginia 23661-1824
Posts: 295
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It's all about credit in order to obtain the Benjamin's... Too bad I really wanted the Pfadt 2010+ Camaro Road Racing Kit - Stage 5. I have looked at others and wasn't that empressed with the overall quality, nothing will compare to Pfadt.
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03-09-2014, 10:42 PM | #191 | |
Drives: 2015 SS Sedan M6 Join Date: Dec 2009
Location: Dallas, TX
Posts: 1,086
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In addition, why would you suspect that a government site that lists SBA loan information to not be as close to fact as possible? On another note, I manage a family business that was founded in 1983...so I've had my fair share of education on lines of credit, business loans, payment terms etc etc. |
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03-10-2014, 11:39 AM | #192 | |
Account Suspended
Drives: 2014 SS Join Date: Jan 2011
Location: Haslet, TX
Posts: 744
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I started SNL Performance and Monster Clutch Co. for less than $5k and in a storage facility, I've since turned this into a multi-million dollar venture. I also don't live frivolously through my shops bank account. (not saying the guys at Pfadt did this btw) I have a small house, and I just bought a new car for the first time in almost a decade. I like the simple things in life, I don't need a ton of material things to make me happy and I believe that's why we are the way we are. Hell, I'm the third lowest paid person on my staff. LOL We have no loans either, everything we do is paid in cash - this is both a good and bad thing. Running your own business is a large venture, many don't realize what's involved, even though they think they do. It's incredibly tough. |
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03-11-2014, 06:19 PM | #193 |
Drives: 2012 Camaro SS Convertible Join Date: Dec 2011
Location: Kentucky
Posts: 45
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Holy crap. I don't log in for a couple of weeks and then when I do I see this. I feel like someone I know and care about just died. I am so glad I got my PFADT ZL spec front and rear sways and drop springs during the black Friday sale. These parts are my favorite mods so far. Thanks for all you have done for us PFADT and I wish you all the best and a Phoenix like rebound.
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2012 Camaro 2SS L99, Summit White with inferno orange stripes, 1" 7/8 Stainless Power Headers with hi-flo cats, Rotofab CAI, JRE SCT X3 Tune. PFADT Drop Springs and ZL spec front and rear sway bars.
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03-11-2014, 10:39 PM | #194 |
Drives: 2017 Z06 / 2012 CTS Join Date: Jul 2013
Location: NY
Posts: 731
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Regardless of the situation, it sucks seeing a quality GM aftermarket outlet fail. But someone else will emerge from others struggles, demand is still there.
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03-12-2014, 02:50 AM | #195 |
Drives: 2015 SS Sedan M6 Join Date: Dec 2009
Location: Dallas, TX
Posts: 1,086
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03-18-2014, 01:54 AM | #196 |
Drives: 2012 ZL1 M6 Summit White Join Date: Dec 2013
Location: Scottsdale, AZ
Posts: 97
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Glad I was able to purchase your finest ZL1...it is in good hands.
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Tags |
camaro, closed, headers, pfadt |
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