Posted by Rick Kr on June 09, 2009 at 05:40:12 from (198.208.159.17):
In Reply to: I think I've had it posted by Jason, NW Ontario on June 08, 2009 at 20:27:33:
I think you got all the feedback you need. Is this a business or hobby? Looking at your website it says business. But business is tight right now. So you need to adjust the size of your business to meet demand.
If you want a Hobby: 1 or 2 horses the rest go. Maybe 1 for each child. Then the out of pocket horse costs are for your familys enjoyment, not to pay the bills.
If you want a Business: Run it just like any other business. Build your business model, cash flow in/out. IF cash flow in is big you reinvest in the business, if money is tight, your model would say sell some of the horses. (which sounds where you're at now)
By sitting down reviewing your liabilities vs. assets, it becomes a business decision, not an emotional one.
Just my thoughts. Don't know your situation, but it appears you have tried to expand a hobby into a business, which many people do. If that is the case, "business" decisions need to be made.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
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.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
