Managing Through
The COVID-19 crisis sweeping the world is on everyone’s mind. We at RMC are making adjustments in our work to help slow the spread. It is easy to get caught up in the negative thinking about how this is impacting markets or impacting our normal routines. However, let’s pause and consider how we as individuals […]
Read MoreThe Power of a Plan
We are currently in a time of financial stress in agriculture. The past few months, as we have been conducting our Ranching for Profit Schools all over the U.S. the stress has been palpable from many of the operations that are attending. The hands-on afterhours work sessions we facilitate at the school have been busy. […]
Read MorePrinciples Not Practices
Most of your neighbors think in terms of practices. Should I feed this or that? Should we run this type of cattle or those other ones? Do we calve in this pasture or the one over there? It is easy to understand why we spend so much time talking about practices. Everywhere you turn someone […]
Read MoreAttracting & Retaining Quality Employees
“You just can’t find anyone willing to work anymore.” I hear this quite often from ranches struggling to find and retain quality employees. When we look deeper into the situation it is often no surprise, as we expect our ranch employees to give long hours in sometimes difficult conditions with mediocre compensation. In the Ranching […]
Read MoreTop 5 Business Management Actions on the Farm/Ranch
As we wrap up 2019, I want to share with you what comes to the top of my mind as actions that farms and ranches take when they are serious about their business management. If you are hitting the mark on these, well done! If not, then what will your strategy be to improve in […]
Read MoreWhat Price Should I Use?
For the past 3 weeks we have been holding our Executive Link meetings from New England to Texas. We have about 110 businesses that are currently members of Executive Link (EL). These businesses meet as boards of directors three times a year to give and receive strategic advice on their business and be held accountable […]
Read MoreRanching “Granny Style”
We have a basketball hoop in our dirt driveway (makes dribbling interesting). My daughter, Gracen, a sophomore in high school, plays several sports including basketball. I’ll join in on a game of “horse” every now and then. We make it more interesting by calling the type of shot, hook, backwards, or of course “granny”. I’m […]
Read MoreThe Value of a Day
What value does your business need to produce every day? Are you focusing on the right things to achieve this? At the Ranching for Profit School we teach participants how to structure the economic information of their business into a format that is meaningful for making effective business decisions. Over the past few months I’ve […]
Read MoreAre You A Superhero?
It’s a bird. It’s a plane. No, it’s an environmental superhero! If you are using cell grazing you are an environmental superhero. Of course, no one has to know that, while saving the planet, you are also making your own ranch more productive and profitable. Cell graziers are environmental superheroes because they stop overgrazing by […]
Read MoreThe Unit
Improving gross margin per unit is the second of the Three Secrets For Increasing Profit™. It is also the most misunderstood. Gross margin is the contribution an enterprise makes toward covering overhead costs and producing profit. Gross margin per unit measures the economic efficiency of that enterprise. It is a powerful tool for comparing enterprises […]
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