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[quote]QUOTE: Originally posted by MichaelSol [quote]QUOTE: Originally posted by SD38SD39locomotives I used to do cost sheets like this. I'd get all the est. expenses wrapped together for operating costs, and then double it. Yep, thats right, DOUBLE IT! That would then be the est. operating cost.[/quote] This approach is accurate probably more often than not. But, that's why pro forma operating numbers for any business need to be worked and worked. Best regards, Michael Sol [/quote] Hi Mike, I couldn't agree with you more. The numbers always have to be being worked and worked. It's a never ending job and a necessity. Plain and simple. The scheme of kicking the op. costs by double, just gives a nice blanket to be able work those numbers without even giving the chance for everything falling apart out of the gates. I don't care how talented a controller / accounting team is. I want the security blanket. For one thing, because I've seen too many so-called "professional" operations fall apart in the past around this part of the country. Including a company my dad worked for. Look no further then Enron of all things, to put a face on the phrase -so-called professional operation-. Now I'm more conservative then liberal, when it comes to talking about money, but my view is this: if you don't have the costs liberally covered with some slack to go along with them, might as well not bother with even going into business then. Thats just my way of doing things business wise. And it's worked for me too in real life. And I had to learn this the hard way, so it's beaten into me now, which I consider a good thing. The phrase 'if it ain't broken, don't fix it' does actually have some meaning to it. And this way of doing things for me ain't broken, so I'm not going to try and fix it. God's Peace
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