I'm not a business operator so all I'm going to do interject some foods for thought. Years ago my career job was with a regulated utility. Their 'return on investment' was regulated to nine and one half percent. Something of more current interest is oil company profit. A couple weeks ago I flipped to some business show discussing the subject and one economist said most of the oil companies were realizing about seven to nine per cent profit on sales. Within a week Exxon announced quarterly profits of twelve billion dollars! What the newscasters and comedians didn't say was that was on sales of $138 billion or eight and one half percent One last nibble for thought. While discussing prices in a management seminar the question of prices was kicked around. The consensus of the group was, "Prices should be all the traffic will bare."
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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