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 - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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