Posted by TomTex on January 25, 2008 at 15:37:19 from (12.74.202.76):
In Reply to: New farm store posted by rrlund on January 25, 2008 at 11:32:18:
Wish you great sucess, if you go at it. However, it is never a good idea to plan a business around one individual. You say he is 62. One day he may wake up with a medical problem, or just quit on you. What is your back up plan? Have you hammered out EXACT financial arrangements with him? Don't leave any room for a misunderstanding after you sink the money to open it up. Will he be hourly paid? How about pay for each after hours call? Can you run 2 - 3 years at below break even? That is about what it takes to build a business. A bunch of oldfarts sitting around the stove talking about the good ole days may have little return. Tom
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Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
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