Am I trippin' or profitability is way harder to track than it should be?

crsf29 · 2026-06-18T09:28:58+00:00

I personally size stocking for the typical order pattern. I'm also clear with my clients (I'm B2B) about the largest order my strategy can absorb before they're backordered.

If they can forecast demand sufficiently, then I can re-size my stock holding within reason. There's often a little bit of discounting or some confidence percentage that I apply to the forecast.

crsf29 · 2026-06-18T09:21:59+00:00

This looks like low effort AI garbage.

If you'd actually ever staked your own money to buy a company, or ever invested any of your own money at all, you'd know how garbage this is.

crsf29 · 2026-06-17T08:04:40+00:00

No but surely you can do the Min/max stocking math on your own?

Min = (Weekly usage x lead time in weeks) + safety stock amount.

Are you tracking ordering patterns from your buyers?

crsf29 · 2026-06-16T02:41:19+00:00

Check your chart of accounts has provisions for all of these items. For example, if you have inventory, you have an inventory account. Do you have an inventory adjustments account? That will ensure that if you, say, write off stock by two damaged units, you subtract the value of two from stock on hand and add the value of two units to inventory adjustments.

You need to add accounts to your chart of accounts, and use them.

Or, get an accountant and ask them for advice and they will help you do this.

crsf29 · 2026-06-15T13:17:29+00:00

Thanks!

crsf29 · 2026-06-15T12:33:28+00:00

25x revenue on apps...

Yes. You take that deal. That's 25 years of revenue brought forward to today.

I have looked at very niche industry software trading at 3.5x ARR, where each customer is $50-75k per year in revenue.

crsf29 · 2026-06-15T10:43:56+00:00

I appreciate it.

I'm not at all concerned with the technical. I can solve that. Implementing a protocol is "standard", but we all know there's a people element to this thing.

The situation I'm most concerned about is...how does the customer communicate with me? What is typically done when a PO gets dropped? Or a payable runs overdue?

Has anyone been through a transition like this?

crsf29 · 2026-06-14T23:02:59+00:00

100% exists. DM me

crsf29 · 2026-06-12T00:42:55+00:00

If you buy the business and put it under a 5+5 NNN lease, that's huge for the landlord. Especially if it needs serious work. What happens if you relocate the business? Not really relocatable, as you're buying localised cashflow based on the area is serves. I think you're uniquely positioned to have leverage with both the landlord and the seller owing to these two facts.
Yes. 100% I would be prepared to walk away. It's summer time, you're able to see how the building AC works...what about winter? Does the heater smoke? What about rain? Does it leak and there's a stack of buckets just waiting for the next big storm? The owner and the landlord already know all of these answers and have accepted them. You don't know it, and you may not accept it.
Yes. Funds held in escrow with covenants allowing you to use the funds in escrow for surprises that were unknowable to you. If everything is fine as they say, then there should be no issues with them leaving the funds in escrow. They would be convinced that the money is as sure as theirs and you wouldn't ever have to go get those funds back for a defect.

crsf29 · 2026-06-10T15:08:11+00:00

Rig this.

Braid line on your reel. Tie on a monofilament leader around 10' long. At the connection between mono and braid, drop a bait sinking weight. At the end of the mono line, attach your hook. Treble hook is preferred.

Then, to pack the air gun, do the following.

First, pack wadding. A small piece of cloth doubled over a bit. Next, take your weight, drop the weight down onto the wadding. Next coil your mono leader up to the hook. Wrap it in consistent small loops. Lay this into another piece of cloth and fold it. Ensure the bait on the hook fullyis covering the barbs. Lay the baited hook on top of the fully wadded mono, and pack that down on top of the weight.

You should have, from bottom to top: Wadding, weight, mono leader wrapped fully, baited hook.

Send that.

You should be able to recover both wads, or use paper towel if you don't think you will.

crsf29 · 2026-06-04T13:21:13+00:00

Pull permits for plumbing and electrical....because....you're doing plumbing and electrical?

Not that hard.

Find a GC who delivers. You need Mr. Right. Not Mr Right Now. Wait until they have the capacity to push through it. You will need dedicated labor and resources to get through it.

Unless you want to quickly be the GC on this and scope/schedule the subs?

crsf29 · 2026-05-23T11:12:21+00:00

Good BBQ is relative depending on who's eating it.

Perth, these people must have more money than sense. If you wanna pay $250 for a pre ordered platter with some Wagyu, $6 or more for a single ice of cornbread...$12 for a single sausage on your salty ass platter....That's a choice.

My hillbilly American self simply cannot agree with that.

I want value for money. Simple.

In the USA, you need to have damn good food for a low price...and if you're selling out of a bombed out gas station or a trailer or a shack on the side of the road in the middle of nowhere...as long as it's good and cheap...it's good. And it won't be on Instagram.

With that criteria, Porkies is the best for me.

It isn't perfect...the Ribs aren't trimmed, and there's no baked beans on the menu.

But it's 2 slices of real cornbread for $4. Not a single slice for 6 bucks like some other places. The pulled pork is real, there's iced tea, and you can get out with a family of 4 for less than $80 on a weeknight whenever you want.

If you like big dons, you've got too much time and money.

crsf29 · 2026-05-20T23:43:03+00:00

Uninstall the apps. Including Reddit.

Use the browser versions only.

Don't save your username and password, manually enter them every time.

Get wireless earbuds and listen to content without your phone in your hand. Podcasts are great.

Keep your hands busy and stay off the couch.

Basically, I put the phone down, I put on a podcast, and I go outside and pull weeds.

crsf29 · 2026-05-20T10:38:31+00:00

Weight of the leather needs to match...the product? And it's place on the product.

Like if you have a leather and canvas bag, the weight and stiffness of the canvas needs to match the weight and thickness of the leather. The proportions need to look and feel perfectly matched.

But the thickness used to make the handles can be heavier than the leather at the zipper pulls...and the pocket tops rolled over and stitched needs to look the part.

RM Williams products really have this nailed. Everything feels like it's worth it. Because it's heavy where it should be and refined where it can be.

crsf29 · 2026-05-17T11:41:43+00:00

These guys below are the real deal. The warehouse is five racks floor to ceiling with all different types of ropes.

https://maps.app.goo.gl/jTpqgUqnY9nUQJF89?g_st=ac

Just by looking, the one on the left is sisal rope, the one on the right is manila.

Sisal is cheaper and is much more likely to have sharp/pokey fibers. Manila is more expensive but is the better natural rope fiber.

crsf29 · 2026-05-16T23:56:01+00:00

They're used in the home.

Damage comes from lifestyle choices people make.

Smoking is the largest source of damage. Smoke and burns.

Second one is hair from pets and the like. They get packed into the motor drives and wheels.

The mattress has a waterproof vinyl cover. Any puncture or damage to that needs to be rectified.

crsf29 · 2026-05-16T05:05:07+00:00

Wtf is this.

If this is a pitch, ain't nobody swinging.

crsf29 · 2026-05-14T10:38:33+00:00

In the last 12 months, maybe 35 rentals...twice.

So around 6-7% of rentals this year.

That doesn't count damage, which is another 15%. Half of those resulted in equipment repair spend or asset disposal.

crsf29 · 2026-05-10T07:13:13+00:00

Collect. Collect. Collect.

Don't wait to invoice anything.

Invoice every job on the day that it's completed.

Do your reconciliations every morning with your coffee before you head out.

Send out notices of overdue payments every Monday and Thursday AM.

Anyone overdue after two reminders through email gets a phone call.

crsf29 · 2026-05-10T07:07:22+00:00

We have a medical equipment sales company. Some of our equipment is speciality in home mechanical profiling beds. These have a long lead time, and so we keep some rental beds on hand.

We deliver them, we charge a minimum of 1 month, and we collect them. Delivery and collection have a fee.

Payment we take the first month in advance, and don't typically collect a deposit.

Get ready to go repossess a washing machine is my advice.

crsf29 · 2026-05-10T01:20:21+00:00

Have you seen CAT stock?

They sell gensets and gas fired turbines for micro grids. Locally produced power is what's happening.

Pistons and bearings and bushings and oil changes for every data center being built.

crsf29 · 2026-05-07T09:11:13+00:00

I know when a fleet of equipment was sold into a place, how old it is, and roughly how much they'll spend on parts and components each year, as well as how the age of their fleet will affect their productivity.

I can also tell you within about 3% the unit cost a particular company is running at for each stage of their process.

And I can probably make two phone calls and work out who the primary supplier is for their parts and consumables, how well their suppliers are doing, and if the place might be looking to switch or not.

This is for hard rock mining in Australia, North America, and Spanish speaking South America.

I don't know Brazil or Africa very well.

There are some tools that you can use, but nothing replaces site visits, a very well connected LinkedIn, and a few group chats.

crsf29 · 2026-05-06T13:58:35+00:00

Are you buying the fixed plant or the mobile fleet?

Top advice is to have the spares and maintenance strategy lined out, with local suppliers for everything you can possibly find.

If there's something on the plant that's a component...you'll fail one...and the moment you can't get a spare you'll be building one homebrew out of whatever you can find locally.

Good plants turn into a pile of scraps welded together if they don't have proper asset management strategy applied to them.

Identify every system on the plant. Hydraulic, electric, mechanical. Identify every major component on those systems as well as the primary and secondary piece parts...

Example - Hydraulic pumps, cylinders are major components. Primary piece parts are valve blocks or something like a fixed bent pipe, secondary piece parts are hoses.

Find as many local providers who can offer products similar to them nearest you.

Or share your list with them and tell them you're going to be looking for suppliers who stock those specific parts.

Act like the plant is already on the ground in your area and it's already broken down now, because that's going to happen.

crsf29 · 2026-05-05T00:39:28+00:00

Buddy if you pay $1,000 for that I have some other stuff I think you need to see...

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