Top 10 Tax Preparer Conversations
I just finished my first round of Executive Link meetings. In addition to being a facilitator I also presented the continuing education session where we dug deep into economics, finance, and […]
Read MoreBreak Your Legs
Remember in the movies when the bookie’s tough guy would knock on the door and threaten to “break your legs” if they didn’t pay up? Sometimes, I think many of […]
Read MoreOverheads
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 MoreRanch Records
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 MoreEconomic Analysis
We recently wrapped up our two day Economics Intensive where alumni of the Ranching for Profit School prepared their economic plan for the coming year. For many of us, if […]
Read MoreMoneyball is a Movie About Ranching
The first time I watched the movie Moneyball, I about came out of my chair thinking, “This movie is about ranching”. The correlations are strong and the lessons from the […]
Read MoreSilver Bullet
There isn’t a recipe for a profitable ranch. Not every profitable ranch calves in May and June. Not every profitable ranch has sold all their hay equipment. Not every profitable […]
Read MoreA Strong Gross Margin
If you’re ranching for profit, there is one way to define “a good cow”. She has a strong gross margin. In much of my writing and speaking it might seem […]
Read MoreSuccession Assets vs Management
Succession. When the word succession is used in agriculture circles most think of who gets what and when. Typically when any industry group hosts a panel on succession, they include […]
Read MoreMaybe We Should Keep Those?
Have you ever looked at a group of calves, heifers, cull cows and thought, “Well… maybe we should just keep those?” If you have, you’re not alone. Acting on this […]
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