The irony is that all of the necessary and required expenditure is tax deductible, and if he is making as much profit as you think then (depending on business structure / partners) he could be paying half of the profit in tax.
Or to look at it another way for every £100 ***invested*** in maintaining his own business it’s only really costing him £50.
Talk to him, and if he won’t see sense then tell him you’re needing time off for interviews, and he’ll be responsible for his own stock in 2 months time.
That is an excellent summary I would say, and good advice.
Only thing I thought might be a useful first option, would be for the OP to put in writing, a brief summary of where he can see problems, and a number of suggestion on what needs to be done, possibly a fag packet calculation or two in there.
Reading back, it appears as if there needs to be money spent on buildings, machinery and stock management. The OP appears to like his employer, but it is just that there is a disconnection between the man and his farm!
If he is a businessman, a properly worded statement might help focus his mind, and is something he could discuss with other parties, accountants, family etc. If the response is still negative, then it's time for the OP to hand in Notice.
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