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I hope that someday you will own your own shop. When you buy it you will negotiate a price to pay for the building, tools and equipment inside, and Good Will. You will turn to your lawyer and say, What the heck is this?? He will tell you that Good Will is the dollar amount of money that is assigned to the asset that the business already has, that is, the monetary value of its customers. Later, when you're making money hand over fist, you will daily send your accountant a list of money taken in, money spent, and "free" estimates. Your accountant will charge these to the appropriate account. You will get that money back many times over in the course of a very short time in the form of loyal customers. And then it will really be worthwhile to leave the house at 7AM! I'm talking about early, wealthy retirement! Please think about it and don't give up.
- Tom E
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98 V70 GLT black 54k
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