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A comment on I froze the salaries of my executive team to benefit other workers. Parent comment

Re:I froze the salaries of my executive team to benefit othe... by bluGill on Thursday May 16, 2019 @10:01AM (#19929110)
Maybe. It is hard to making money leasing your boat. You need to pay the crew and such. If the market of people wanting to lease a boat is down one year you still have to pay those people.

Note that a boat is a bad example on your part. There are lots of other things you can do that are more likely to earn money.

For that matter if you can afford a $100 million boat, the crew cost is a line item that you can ignore and thus your boat sits in port 11 months just so you can have your boat. If you really like that boat it isn't a big deal that you are losing that much money.

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Re:I froze the salaries of my executive team to benefit othe... by challenger22 on Thursday May 16, 2019 @10:23AM (#19929313)
Interesting bit I learned a while back- boat operating costs run about 10% of capital expense, regardless of size of boat.
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