PROFIT TIPS

The current year of ProfitTips are displayed here, along with some of our all-time most popular articles. You must be a member of RFP online to see our entire collection of ProfitTips articles, join today.

A Fresh Perspective

tree tops

The past few months have been about change for us. Our team at RMC has moved out of our original Wyoming office to a new building that will allow us […]

Read More

Overheads

tractor team

My last ProfitTips article focused on the difference between being productive and being profitable and I used gross margin as a measure of profitability of an enterprise.  In introducing gross […]

Read More

Productive But Not Profitable

cows tractor

North American agriculture could be described in one statement. “Productive but not profitable.” For decades the primary messaging to farmers and ranchers has been to become more productive. You see […]

Read More

Know Your Destination

country road

There isn’t a one-size fits-all approach to running a profitable ranch. If it were as easy as coming up with a list of practices to follow, ranching would be easy […]

Read More

Ranchers Need Vacations Too

lake view

Mention the word vacation to a group of ranchers and someone will proudly state “I haven’t left this place for longer than 2 days in 25 years!”. Really? Is the […]

Read More

Thoughts on Being Accountable from Shanon Sims

Billings RFP

Shanon Sims ranches with his family in McFadden, Wyoming. I’ve long admired their operation for pushing the limits of what is possible. They are leaders in grazing, and leaders in […]

Read More

A Business Mind Shift from Treg Ulmer

buttercups

Treg Ulmer and his wife Courtney are members of the Executive Link program and building a business in Ohio. Treg shared some thoughts with me around balancing profit with other […]

Read More

Drought Isn’t a Surprise

drought

If you’re in the ranching business, drought is a normal part of life. David McLean is part of RCS, our sister company in Australia. David refers to planning for the […]

Read More

Impressionable Years

young ranchers

I remember those post high school years before settling into my roles as husband and father. I was fortunate to find ranchers willing to give a young man with little […]

Read More

Ranch Records

stockflow chart

Calving season is in full swing across most of cow country and so are ranchers armed with a red book or smart phone app taking notes about birth dates, weights, […]

Read More