Tag: Business

What’s Your Profit Target?

A Ranching For Profit School alumnus was talking to me about his financial goals.  I asked how much profit he wanted to make. He told me he figured he needed $20,000 to live.  I reminded him that his salary or draw must be deducted as an overhead cost before calculating profit.     I asked […]

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Ranching with Nature

North American livestock producers are the most productive in the world. We are also the least profitable. Could it be that our battle to increase production is the reason for […]

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The Profit Tree

There are only three things anyone, anywhere in any business can do to increase profit: Decrease the overhead costs Improve the gross margin per unit Increase the turnover (the number […]

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