GREY:CWSAF - Post by User
Post by
rchippyon May 15, 2011 4:41pm
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Post# 18579009
Ontario Disaster
Ontario DisasterThe nightmare that is our Ontario expansion does not get better. Source says that the "veterans" brought in are trying to get contracts at margins less than 10 pts.
Since we did less than $4M in volume in Ontario in 2010 with massive salary guarantees etc, we need to be selling at 20 pts to break even.
We paid over $5M for this dog and we have never done more than $5M in sales in Ontario. Where did the clientele go? Last year best sales rep passed away. "Veterans" are collecting 6 figure salaries, expenses, cars, golf memberships! and more. This is a massive drain!
Our Western business cannot support this forever!