He works for a contractor. $60/hr is his wage. No benefits. I think most of his jobs are down in Miami so there is a crappy commute to consider. But COL where he lives is pretty reasonable.makes (clears) or charges? if we're taking this fork in the road, let's set some ground rules.
A very reasonable assessment, I agree that without clear evidence of malice I would also assume incompetence. Not uncommon for a person with great competence in some areas (cooking and camper design in this case) does not mean competence in the finance area...Its a common story. Small business owners don't watch their cash flow. Sales drop over a short period, or their costs go up. They are loosing money on every sale, but don't realize it. All the sudden they see the pit they have dug. Human nature is to continue on the chosen course of action (business, job, relationship, etc) even if moving forward just means digging a bigger hole. The debt piles up, and eventually the fresh cash from deposits isn't enough. The same thing happens to big corporations and small businesses alike.
In the end there is no easy way to determine intent on the part of the owner. Experience has taught me that where malice or incompetence are both reasonable causes, that I should assume incompetence first.