Posted on 09/23/2021 11:52:08 AM PDT by Kaslin
It's time to sell the business and retire — but that's easier said than done.
Gary and Judi Eubanks are one of a kind. Both in their 60s, Judi is a skilled pianist and Gary can often be found playing pick-up basketball with the young people he used to coach. They have two sons and a handful of grandkids, and they’re heavily involved in their local church, where Judi is one of the piano players and Gary is almost always either leading worship or fixing the heating or air conditioning.
That’s because the duo also owns All Temperature Systems, a heating, cooling, and refrigeration business situated about halfway between the Chain O’Lakes and Parfreyville in the 6,000-resident town of Waupaca, Wisconsin. Though this couple is unique, a big part of their story is all too commonplace: They’re victims of the debilitating worker shortage.
The Eubankses have been running the business since 1985, but back then it was called Omits Refrigeration Service. Just after their first son Joe was born, Gary and Judi were living in Houston and realized they didn’t want to raise kids in a city. So they moved up to Waupaca, the small town where Judi was born and raised, and took over Omits Refrigeration on April 1 that year so that its owner could retire. They acquired another heating and cooling business 15 years later in 2000 and became All Temperature Systems.
Though Gary was the only worker during those early years, the company now has eight employees aside from Gary and Judi, who are now about ready to sell the business and retire. But that’s easier said than done.
The Eubankses have been running the business since 1985, but back then it was called Omits Refrigeration Service. Just after their first son Joe was born, Gary and Judi were living in Houston and realized they didn’t want to raise kids in a city. So they moved up to Waupaca, the small town where Judi was born and raised, and took over Omits Refrigeration on April 1 that year so that its owner could retire. They acquired another heating and cooling business 15 years later in 2000 and became All Temperature Systems.
Though Gary was the only worker during those early years, the company now has eight employees aside from Gary and Judi, who are now about ready to sell the business and retire. But that’s easier said than done.
Maybe small animal vets that work for companies, but not large animal vets. They work long hours sometimes under terrible conditions.
With the way the public and even children behave now, why would anyone want to work in a job where he would have to face that every day? Civilization is dying. People are terrible to retail and restaurant workers, and often even violent. I read some horror stories about what school bus drivers have to deal with.
Yep...the public have become so rude and violent nobody wants to work with public ...Can’t say I blame them. I retired early because I’d had enough....even with good ways of handling it’s draining dealing with an ungrateful public.
Um, they don’t tax my saving account, so I’m not understanding what you’re talking about.
But, I also inherited a couple hundred acres of land when my husband’s grandparents died which came to me after my husband passed. That, too is part of my nest egg for the future.
At the rate the Congress and the lap dog Fed are debasing the currency (inflation anyone?), it may be prudent to put a percentage of that into physical gold and silver. (This advice is worth what you paid for it.)
That puts you outside of the banking system** with all their convolutions and gives you a base to start from again after things go belly up.
And they will do so as the debt load is unsustainable. It is small comfort that the rest of the world is that way as well, and what is coming is going to make 1929 look like a day in the park.
** The government can dictate what that piece of paper in your savings is worth, but they cannot dictate that that one ounce coin in your hand now weighs one half ounce.
Some years ago my brother asked his VA doc why he wasn't in the more lucrative private practice. Doc said that end of the day, he went home and enjoyed his evenings - no after hours phone calls, no worries about liability insurance premiums, etc.
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