hanz63 wrote:The thing to remember here is that everyone who eats understands that the groceries went up 30%. They pay it. Your customers should pay it as well. They know your parts $$ went up. You have a part on the shelf that you paid $50 for, but it will be $65 to replace, base your customer price on the replacement cost. How else do you keep your head above water? I gladly tell customers when they are not going to get the value out of the repair. If they know ahead that it will cost of maintenance and repairs will be 75% of a new one and that doesn't work for them, no time or goodwill is wasted. Surprisingly with product availability, many have spent these dollars where they wouldn't of a few years back. It's great way to change your time to something that you can make bank on. I saw your note before on gas pricing. I know of 2 gas stations in the metro area that are under 5$ a gallon. It's gonna hit 6!
Well the grocery thing isn't hurting me as much as I am on diet to the lose weight to lower my BP since the jerk of a doctor prefers to use me as a test subject. Once he found out the un-need med change was causing problems he initially refuse to do anything about it. He did finally made another change to the meds but never told me about it. I found out about it Sunday, two months after his office called in the prescription changes and never informed me. I going to try one those Docs in a box to see if I can get my meds for the next year.
I have actually lose 20 lbs so far and the BP is down from 225/110 to this morning's 166/100.
As for groceries prices I can deal with it by changing my eating habits otherwise too. My monthly bill is already half of what was a few months ago. Even fuel prices can be offset a little with my monthly discounts. Last month I got forty cents off per gallon. But yes the price Sunday was $4.15 and yesterday I saw it at $4.36.
As far parts that is exactly what I am doing currently with $35K inventory so I making a little extra on the stock items from last year. I do my best to procure replacement parts at a fair price too. Some items I could cheat a little on as I outsource the parts like JD Kawasaki engine parts but I don't. I do have my morals. It like the dust ejector I just made a test purchase on for a JD Z950R. JD wants 13.10 ea for them when I can get the alternate for under $10 and sell it at the JD cost price. I actually save the customers and myself over $3000 on parts for JD engines last year.
This is keeping me from raising my labor rate for a while but that will probably change if things don't improve by Fall. Replacement tools do cost more now.
The truest measure of society is the how it treats its elderly, its pets, and its prisoners.