Business Failures Provide Fuel for Recovery

Filed under: Barcode Scanner Repair, Barcode Scanner Business, intermec, zebra, Barcode Printer Repair, General Business, symbol, used barcode equipment, bailout, Announcements

With the economic news seeming to grow ever more dire by the day (we read about the "latest" bailout of Citigroup only this morning), it's only human of us to long for something positive on the financial front.  But the bad news just seems to keep coming for banks and financial companies, mortgage lenders and residential builders, and now with a recession looming and consumers cutting back on purchases, retailers of all stripes have really been stung.  Circuit City's bankruptcy filing is only one of the latest on a long list of retail store closings, cutbacks, and liquidations so far in 2008.

And though the inner-child in us may wish for only a "happily-ever-after" economy, the grizzled, history-reading capitalist in our nature is aware that the business cycle is as real (and as certain) as the changing of the seasons - even if economists, those "dismal scientists", are somewhat less adept at predicting its comings and goings.  The expansion and contraction of economic activity (and the success or failure of firms) has been a standard feature of free market capitilism and presumably, also of what we've got now:  a "mostly free market with a government-provided, taxpayer-funded safety net for some big guys on Wall Street".  

So, while the Treasury Department will use the public purse to save some, the great majority of economic participants will have to claw back the old-fashioned way:  we'll learn from our mistakes BECAUSE we'll have to pay for them.   I mean, does anyone really think that speculators who bought credit default swaps from AIG (and who were subsequently bailed out when U.S. taxpayers stepped up with a cool $150 billion) really learned any of the valuable lessons that a free market can impart to those who take foolish financial risks?  I don't think so; it takes an "actual loss" to make one respect that old hypothetical "risk of loss".

Anyway, for all those non-bailoutees among us, here's some upside.  There is a lot of good product on (or coming to) the market and it will be value-priced.  Myriad retail shutterings and failures will lead to substantial amounts of quality equipment, tools, fixtures, hardware, and the like coming available.  The next few weeks and months could be an ideal time to look for bargains in many areas, and thus presents an opportunity for well-capitilized organizations to actually reduce their budgeted capital outlay, while nonetheless positioning to expand market share.    Well, if you can't join 'em (in the bailout), then beat 'em . . . with basic, sound, risk-respecting execution.  Don't overpay.

In our corner of the economy, legacy barcode and enterprise mobility equipment from Symbol Technologies, Intermec, Zebra, Handheld Products, etc., we've found some of the most popular barcode and rf portable data terminals, barcode scanners, and printers and we've got them if you need them.  And we've got a great repair and maintenance capability to keep your existing barcode and enterprise mobility infrastructure runnning strong.  After all, good old American quality, value, & frugality never go out of style.