
Safeguard Against Major Loss with Diversification
By David Goldfarb, an EO South Florida member and president of PrimeTime Amusements
I recently read a quote: “A business these days is a volatile thing…There might be no way to insure that your business will never be without problems or down turns, but there are a few tactics that might help to safeguard it against a major loss. One of these tactics is diversification.”
For me and my team at PrimeTime Amusements, a global operator, seller and renter of video arcade machines and simulators based in South Florida, this tactic of diversification has been critical.