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Boating Talk For discussion of everything related to boats and motors

 
 
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  #25  
Old 06-22-2011, 06:00 PM
specknation specknation is offline
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Join Date: Jan 2011
Location: Hammond
Posts: 567
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Quote:
Originally Posted by Montauk17 View Post
Ok,let me see if I can state it a different way so you can understand. The business does not get payed in a form of a check or direct deposit into the business's bank account. You get payed for LABOR by getting a credit to parts for repairs. Low markup on parts equals low profits. Talk to any banker or cpa and they will tell you there is no way to make "big bucks" doing business like that. Does that make sense to you? I know this information because I worked in the line of work for most of my life.
Last Statement on this Minn Kota pays Labor for warranty work I know this
for a fact. Minn Kota has a book showing the owner how long it should take
to fix a certain part and how much they pay back to owner in labor. I do understand what you are saying about motorguide paying back in parts, I worked in parts at a boat dealer ship for 12 years. Trolling Motor shops make good money in South Louisiana u do not agree OK lets leave it at that.
 

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