Archive for May, 2009

May 21st, 2009

Stocking Up for Summer at the Marina

It was just five years ago when we bought the marina at a lake close to our home.  Since we were avid boaters, we thought that it would be a good business investment since we would be able to write off expenses related to our favorite pastime: boating.

Originally, there was nothing more than a number of docks and a little store that sold fish bait.  But over the past couple of years, we noticed that there was a need for someone to service all of the boats that are docked in our marina, and therefore, we expanded our operations to include boat maintenance.

It was a bit of a learning curve to know what kind of outboard parts that we need to keep on hand.  The first year we didn’t make much money as our inventory costs were higher (since we really didn’t know what we were doing), but we made up for it in our second year.

During the first year, we learned that most of our clients needed Johnson parts for their boats, and therefore we made sure to stock up on what our clients would need.  Basically, it was just sound business logic, but until we actually knew what they wanted, we couldn’t make good decisions as to what they needed.

With summer quickly approaching, we are stocking up again this year and we hope that it will be as good as last year’s record sales.  Truth be told, I really can’t wait to get back to the lake.

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May 18th, 2009

Window installation like money in the bank

There were so many intriguing things about the house I grew up in that I wanted to take a moment to share some of them with you. Why now, you may ask? Well, since my father passed some years ago, much of the maintenance and general upkeep of the home has fallen to me, the eldest son. Recently, my Mother asked if I would look into replacement windows for her.

She wanted to know more about the process, and whether or not she might be able to afford the various aspects involved with the window installation.

Having no experience in this area, I thought I’d better do some research and started at a number of DIY type websites online.

Not only did I learn that the process of getting new patio doors and specific applications like bay windows was very easy, but they were fast, and relatively inexpensive compared to the years of energy costs associated with not getting the latest in window technology.

With the Stimulus monies now flowing into the economy, there are also incentives for the home owner to receive rebates if they do opt to have new windows and slider doors installed. Those rebate monies greatly reduce the overall cost of making the conversions. And that’s like money in the bank. Literally!

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