I'm not a business operator so all I'm going to do interject some foods for thought. Years ago my career job was with a regulated utility. Their 'return on investment' was regulated to nine and one half percent. Something of more current interest is oil company profit. A couple weeks ago I flipped to some business show discussing the subject and one economist said most of the oil companies were realizing about seven to nine per cent profit on sales. Within a week Exxon announced quarterly profits of twelve billion dollars! What the newscasters and comedians didn't say was that was on sales of $138 billion or eight and one half percent One last nibble for thought. While discussing prices in a management seminar the question of prices was kicked around. The consensus of the group was, "Prices should be all the traffic will bare."
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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