Leading Kingaroy business reveals they almost didn't make it
LONG-TIME Kingaroy business owner Carl Price has seen a lot of changes in business since starting in the mid-80s.
Mr Price and his wife have owned Kingaroy Freight since 1984 and the passionate business owner said even something as simple as communicating with his drivers had changed dramatically.
"We had one of the first mobile phones in Kingaroy," Mr Price said.
"It was as big as a house brick and weighed about 15 kilos."
Looking back on his 35 years in business, Mr Price said they almost didn't make it through the first year.
"In that first six months, everything seemed to be against us," he said.
"You would just start to get in front and then you blow a truck motor or something like that."
What started as just the hard-working couple, has these days grown to 40+ staff and Mr Price said the business would not function without them.
"We've got a really good team around us," he said.
"Everyone has different problems from time to time but we all work really well together."
The long-time successful business owner offered some sound advice for new business owners.
"First of all do your homework, be careful about exactly how much you borrow," he said.
"Interest rates aren't always going to be this low.
"When we first started, interest rates were around 20 per cent.
"I remember a bank manager phoned me and said if you still want to buy that truck you better get in now while the interest rate is only 14 per cent, it will never be this low again."
Mr Price will join other South Burnett businesses, Nourish Cafe and Proteco Oils to share their stories at the upcoming Business XL event.
The regional business networking event will be held at the Kingaroy RSL's White room on Tuesday, February 5 from 5.30pm.
It is free to attend and attendees are encouraged to RSVP by phoning Kristy Board at South Burnett Regional Council on 4189 9100.