Thanks for all the input...I certainly appreciate the horror stories about being uninsured. I should have been a little more clear on my intentions and situation.
I live in a neighborhood w/dirt roads that aren't county-maintained...I bought the 8N mainly because I needed to keep the road to my house accessible. Since I've had the tractor - I've been asked to do work for people via word-of-mouth. In addition to the road I live on, I also mow forest roads for a large landowner, a 15 acre field for a church. I've do feed plots and fence mowing for a hunt club and done several drive ways. I realize anyone can sue for any reason, but the work I've done exposed me to very little risk.
I alluded to the fact that since I'm not going to be making payments on anything - I can be very selective about the work I accept and can simply avoid work in areas that may expose me to serious financial risk. Once you have commercial-grade expenses - you HAVE to work the equipment and be less selective about the work you accept simply because your equipment costs money even when sitting.
There is very little liability risk in mowing a forest road - miles from any utilities or any type of infrastructure. Having said that - IF the business grows to the point that I start taking more risky work - I'd certainly cover myself.
I've been shopping tractors for a while - and if I needed a tractor for working 40-50 hours a week reliably, $5K wouldn't get me there....but in the current economy, around where I live - there a lots of tractors in decent(but not new) shape in the $5k range. They would certainly need more TLC than a new one - but they cost less to operate. I could also afford to let a $5K tractor sit where I couldn't let a $15K one. The 8N I have is over 60 years old - has made me lots of money and has never broken down on the job.
My business-plan, such as it is...Inspires me to have faith simply because the only ongoing uncontrollable expense is my time.
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 - Uncle Cecil's Super A Lives Again - by Mike Purcell. A week or so out of most of my childhood summers was often spent with my Uncle Cecil and Aunt Sissie in the small East Texas town of Maydelle on their 80 acre farm. Some of my fondest memories of these visits are those of learning to drive a tractor at the helm of Uncle Cecil’s 1948 Farmall Super A. Uncle Cecil was the second owner of this wonderful little tractor, but it was almost as though he had adopted an infant. The original owner was a man from Minnesota who bought her from a local dea
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
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.
