Posted by BarnyardEngineering on August 28, 2023 at 03:49:47 from (161.69.57.47):
In Reply to: Advice please posted by dwag on August 27, 2023 at 20:43:21:
What's a good rent? $1? $,000,000? We don't know what your costs are, what your intentions are... You need to cover your costs AND you need to make the cost high enough to encourage "customers" to get in, get done, and get out. The latter is going to be harder to do without pricing yourself so high that they'd rather pay you to work on the tractor for them.
"Oh I'm waiting on parts." "Oh I'm too busy to work on the tractor right now." "Oh this, oh that..." A million excuses. Now you've got a tractor torn apart in one of your bays, potentially sitting there for months racking up rental fees. Now you've got two choices: Finish their work to get the tractor the heck out of your building, or let it sit there and rack up rental fees that you won't in good conscience be able to charge your friends.
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