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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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