Dad and Granddad ran a business for 50 years. They charged probably the lowest labor rate in town, and made a 20% gross markup on their parts. Sure, they kept the lights on and made something of a living from the business...but after 50 years, it seems I inherited mostly used-up equipment and worn-out tools, and a building that needs major repairs. They may have had a 5-year plan, but they didn't have a 50-year plan.
Grand-dad preferred to work in the shop to running the office, and while Dad tried to keep things profitable, he spent most of his time "assisting" in the shop, or behind the parts counter, or chasing parts and soliciting more business. They'd have been ahead to have charged a little more, and run the office/sales end of things...and to have hired some trustworthy mechanics [as they did in the '50's, when the business was booming] and let them do the "dirty work."
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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