This case is designed to help students understand the complexity of the sale or the attempt to turn around an unprofitable business. Involved some of the issues are: (1) the valuation of a private company, the money lost, for several years and has few tangible assets, (2) the control of costs and the development of pricing strategies, (3) important factors necessary for a Cash-poor turn private company.

This case is designed to help students understand the complexity of the sale or the attempt to turn around an unprofitable business. Involved some of the issues are: (1) the valuation of a private company, the money lost, for several years and has few tangible assets, (2) the control of costs and the development of pricing strategies, (3) important factors necessary for a Cash-poor turn private company.
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from
C. Ray Smith,
James Sowers
Source: Darden School of Business
18 pages.
Publication Date: Mar 08, 2001. Prod #: UV2586-PDF-ENG
Virginia Craftsmen, Inc. HBR case solution