Posted by MarkB_MI on October 28, 2010 at 03:02:02 from (166.203.171.189):
In Reply to: airplane partnership posted by dave anderson on October 27, 2010 at 17:55:20:
I've known guys who made it work, but it's tough. The partnership needs to be well-funded, so if there's an unexpected expense you have money in the bank to handle it. Each partner should be paying "rent" into this fund based on the number of hours they fly each month. Additionally, each partner should be paying a fixed amount each month to cover fixed expenses like hangar rent, insurance and annuals.
How are you going to work out things like purchasing radios? One partner may do a lot of IFR and will want a full panel with the latest gear, while the other is happy with a 30 year old single navcom.
What happens if a partner loses their medical or otherwise wants out? Can he sell his share?
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
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
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
