Tag: ranching for profit

Two Mornings A Week

Several weeks ago I included a WOTB quiz in a ProfitTips column in which readers could score the extent to which they work ON their businesses. Click here to read that column. The column was picked up by some other publications and wound up generating conversations on several other popular blogs. Most of the people making comments said that […]

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The WOTB Test

Most people blame things beyond our control like the weather, government regulation, low commodity prices and increasing costs for their failure to make a healthy profit. These are the things most often discussed at producer meetings and in the coffee shop. These are also things we can do little about. Making them the scapegoats for […]

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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 economic failure?   We are engaged in a cold war with nature. We are armed with an impressive arsenal. We seed and fertilize and spray […]

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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 of units)     Only one of these three things is the most important at any particular time. If high overheads are the problem, increasing […]

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