Had A meeting with the boss. Usual lunch at our usual daily Italian spot. But, this time we did talk business.
Time to begin paring down the company. I'm 70 and she is going on 65. The time spent on managing and paper work just ain't worth it anymore so we are making plans to reduce size 35% by the first of 2017. And likely another 30% again mid year.
One of our Clients is about 35% of our business. So we hope to sell them those lines turn key for their work in their house. We have a meet next week to parly.palaver & pow-wow, to make the financials.
One part of our operation uses a base machine and is outmost profitable product. Fact of the matter if we only ran that line we would net more money. But it is WAL-MART work. That could stop cold overnite without warning.
But it makes enough margin to pay out the lease while we sell assets. Looks like I'm finally going to get time to build the ranch after all and then go fishing.
Or get one of those tiny houses but with a with a rudder and sails.
I like this one
http://www.sailboatlistings.com/view/28359
Time to begin paring down the company. I'm 70 and she is going on 65. The time spent on managing and paper work just ain't worth it anymore so we are making plans to reduce size 35% by the first of 2017. And likely another 30% again mid year.
One of our Clients is about 35% of our business. So we hope to sell them those lines turn key for their work in their house. We have a meet next week to parly.palaver & pow-wow, to make the financials.
One part of our operation uses a base machine and is outmost profitable product. Fact of the matter if we only ran that line we would net more money. But it is WAL-MART work. That could stop cold overnite without warning.
But it makes enough margin to pay out the lease while we sell assets. Looks like I'm finally going to get time to build the ranch after all and then go fishing.
Or get one of those tiny houses but with a with a rudder and sails.
I like this one
http://www.sailboatlistings.com/view/28359
I think.
