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Old 06-22-2011, 05:51 PM
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Montauk17 Montauk17 is offline
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Originally Posted by specknation View Post
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
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.
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Old 06-22-2011, 06:00 PM
specknation specknation is offline
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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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Old 06-22-2011, 06:03 PM
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Montauk17 Montauk17 is offline
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Originally Posted by specknation View Post
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.
Ok,then why get in a pissing match with me when this thread was about a MOTORGUIDE trolling motor. Trolling motor shops make money on accessories and installs on other items besides trolling motors. I know this for a FACT! My definition of good money compared to yours must be different,lets leave it at that.
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Old 06-22-2011, 06:11 PM
specknation specknation is offline
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Ok,then why get in a pissing match with me when this thread was about a MOTORGUIDE trolling motor. Trolling motor shops make money on accessories and installs on other items besides trolling motors. I know this for a FACT!
OK look at your #25 entry you said you did not know how trolling motor shops stay afloat that means all shops minnkota and motorguide if you think most trolling motor shops have both brands. I say they make good money and I know they do u say not. Have a great day
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