Decision Making Archives - Page 15 of 15

May 14

There’s Nothing Wrong With A Hobby

By Dave Pratt Decision Making, Making a Change, Planning & Management No Comments

The Ranching For Profit School is intended for ranchers. But every year some people who want to get into ranching attend the class to build a business plan to test…

Apr 09

Top 10 Challenges In Ranching

By Dave Pratt Communication, Decision Making, Economics & Finance No Comments

In the last ProfitTips I asked you to share the challenges you face in ranching and share you did. Here is your list of the top 10 challenges facing your…

Nov 27

Fool Me Once

By Dave Pratt Communication, Decision Making, Making a Change No Comments

Life isn’t a fairytale. Sometimes regardless of how good our idea is, how well we listen, how well we prepare and plan, we still run into a brick wall of…

Nov 13

Two Legacies

By Dave Pratt Decision Making, Planning & Management, Succession No Comments

Legacy is a powerful concept. Perhaps that is because we see our legacy as a form of immortality. In some families it has survived generations now long gone. Many people…

Sep 25

Pay The Damn Taxes

By Dave Pratt Decision Making, Economics & Finance, Succession No Comments

In The Ultimate Legacy, Dr. Don Jonovic says that the most critical issues in an estate plan are: Who will run what? Who will own what? How will you make…

Jan 23

Pay Me Now or Pay Me Later

By Dave Pratt Communication, Decision Making, Labor Effectiveness No Comments

Abby of Dear Abby, passed away last week. I don’t intend to take her place dispensing relationship advice, but I do get my share of Dear Dave letters. Here’s a…

Mar 28

You may own your job if…

By Dave Pratt Decision Making, Economics & Finance, Planning & Management No Comments

In the last ProfitTips I asked you if you owned a business or a job. I offered Robert Kiyosaki’s criteria from his book Cash Flow Quadrant: Could you leave for…

Jul 24

What’s Your Profit Target?

By Dave Pratt Decision Making, Economics & Finance, Planning & Management No Comments

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…

Jul 27

The Profit Tree

By Dave Pratt Decision Making, Economics & Finance, Planning & Management No Comments

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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Decision Making

There’s Nothing Wrong With A Hobby

Top 10 Challenges In Ranching

Fool Me Once

Two Legacies

Pay The Damn Taxes

You may own your job if…

What’s Your Profit Target?

The Profit Tree

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