View Single Post
  #17   Report Post  
DE
 
Posts: n/a
Default Shop Insurance.....

On Fri, 26 Mar 2004 11:39:38 GMT, Ken Sterling wrote:

snipped:

I used to discuss this with an older self-employed machinest, very,
accomplished man, he made heavy duty machinery for large
corporations, 300hp gang saws, planers ect. His biggest beef
was product liability insurance. He claimed it cost much more to
insure his products than to make them. He limited his cost and
exposure via incorporation, but eventually phased out the fabrication
business and just did repair. Almost every machine in his shop was
accuired from bankrupt competors.

This situation tilts the table in favor of the bigger players and
forces the little guys out.

DE


-----= Posted via Newsfeeds.Com, Uncensored Usenet News =-----
http://www.newsfeeds.com - The #1 Newsgroup Service in the World!
-----== Over 100,000 Newsgroups - 19 Different Servers! =-----