How old is too old? Turning over your Inventory

I once had a water slide that I simply could not bring myself to throw away. This slide was like a member of my family, like one of my old buddies. May be it was because we had been together 6 years, through the good, and the bad times. I know your probably saying "it's only a stupid water slide", but in this business we become attached to our equipment.

During the summer months, one really good water slide will bring in the same revenue as two rental apartments in prime locations. Which is another reason why letting go is so hard to do. But like all units you reach the point when the repairs become too frustrating, and the customer complaints are simply not worth the risk.

Not to mention the cost to ship a giant water slide back to the manufacturer is simply not worth it in the long run.

We have now adapted a policy of "4 and Out", which means we are turning over our units before they become wounded veterans. The value in this plan is derived from a progressive inventory, which results in fewer disruption in your rental sales. Believe me I know it's hard to say good bye to old units/buddies, but it's always best to end a relationship on good terms if you know what I mean.

I would love to hear from you. Please send me your stories of units that lasted well beyond what you ever expected. Until then, may the cash continue to bounce your way.

TJ
www.bouncingncash.com