As for businesses be glad you have a university and Hospitals. Many cities in the Mid-West are seeing the same factory lose and do not even have the University or hospital to keep any type of local economy going.
The rules and headaches of running a LEGAL business is why we quit the feed hauling business. After we paid a fair wage to the drivers and met all the government rules/regulations/taxes there was nothing much left. We where slowly eating the equity we had in the equipment. Meaning that the trucks/trailers where aging and we were not able to build funds that would have replaced them. So we where slowly going backwards. Then some additional DOT rules and paperwork requirements just finished it off. We sold three trucks and six trailers. We kept two Semi/grain hoppers. Three full time men and four part time guys lost their jobs.
I talked to the fellow that bought some of our equipment and hired two of the drivers. He grossed double last year what he did three years ago but cleared less. He is looking real hard at getting rid of all hired drivers and just running one truck himself. I have ran the numbers and he will not lose much profit doing that. The last two years we ran the trucks were only clearing about $5K per on a $150K gross. That is not a good enough return on investment to be secure long term.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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