Sunday, November 2, 2014
When Ray Berkins entered into a joint venture with the Oil Company at Location A, I expected Ray to do extremely well. The timing was October 2009. Dad's invoking of a clause in his deal with the Oil Company enabled him to become their landlord. Not wanting to operate it themselves, the Oil Company... Sign in to see full entry.
Saturday, November 1, 2014
Standard Daylight Effect
Springing forward to Daylight Savings Time and falling back to Standard Time does not effect business. Even though we gain an hour when we fall back and lose an hour when we spring forward, the amount of business is still normal. I attribute the fact that business is not effected because the time... Sign in to see full entry.
Thursday, October 30, 2014
Proud of My Father
Often, I have written about how gasoline dealers rarely make money selling gasoline. Throughout most of the 1990s, Location A was one of the rare gasoline stations where the dealer made money. The Oil Company's great pricing enabled him to be the cheapest in town and to make a great profit selling... Sign in to see full entry.
Monday, October 27, 2014
Ordering
When it comes to ordering chemicals and vending supplies for the car washes, I do not order based off of a bad weather forecast. For example, a week of rain would not cause me to hold off ordering supplies. Weather forecasts, with their frequent changes and incorrectness, are not trustworthy. If I... Sign in to see full entry.
Sunday, October 26, 2014
The Codes
The automatic touch frees at the businesses Dad owns are set up to take codes. Just key in the number, and the customer receives the wash. I have seen three benefits from codes. One is that our accounts have an easy means by which to get their washes. The second benefit is that they are a way to... Sign in to see full entry.