Quote:
Originally Posted by specknation
Motorguide and MinnKota pay for labor to fix the motors parts is not where the money is. Example my minnkota 80 went out last month parts total 57.00 Labor 97.00 total bill 154.00. The guy had 39 trolling motors out of warranty to fix in the next week or so do the math. Whatever
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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.