Month: September 2018

COVID-19 Update and Resources: Learn More

Game Changer?

Income – costs = profit, right? The answer is “sort of.” It’s a little more complicated than that because we need to adjust for inventory changes, consider non-cash costs like depreciation and non-cash income like retained heifer calves. But over the long haul, for the most part, income – costs = profit. The obvious conclusion […]

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Records Are A Waste Of Time

Some people think that records are THE key to managerial success. Not me. I think most records are a waste of time. Records give us data. We need information. It takes analysis to turn data into useful information.   The problem is we spend 90% or more of our time collecting the data and only […]

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