How to have a boat shop go belly up

Another thing to consider with any business is the needs of the owner. I have seen hole-in-the-wall business stay around for years. When you know the owners are living in a double wide and as happy as can be. They might consider themselves successful and happy to live off of $30K/yr. Where a 3 line boat dealer that puts in 70 hours a week and only clears $100K/year might consider themselves failing. Depending on the owners background it might be eaiser for them to go get a 9-5 somewhere and make the same money.

Just a slightly different perspective, success is extremely subjective and plays a key role in business.