Last month I attended Dawn Hnatow’s stockmanship school in Virginia with my wife and father-in-law. It was an incredibly long road trip from Wyoming with our horses, but we were…
Read More
If your neighbor's ranch came up for lease tomorrow, would you be able to bid on it? When making this decision there are two factors to consider. First, do you…
Read More
“It’s not that expensive” can be a very dangerous justification in the ranching world. Let’s be honest, we have all told ourselves that regarding expenses either in our business or…
Read More
Winter is an exciting time to be a rancher! Cold weather and early sunsets make for the perfect time to really dig into your business numbers. These conditions also allow…
Read More
During our last RFP Bookshelf Discussion (our monthly book club for alumni) an old copy of a ProfitTips article written by Wally Olson fell out of my Knowledge Rich Ranching…
Read More
At the Ranching for Profit School, we explore “3 Issues of Money” that we label as Economics, Finance, and Income Tax. That is the correct order to consider when making…
Read More
Picture this … You have just been given an ownership stake in a 20-million-dollar business and now also have a seat on the board of directors. The CEO is meeting…
Read More
During the Ranching for Profit School, we focus on the economics of the “operating business” and not the “land investment.” The operating business must rent the land at fair market…
Read More
Ranch Management Consultants was founded in 1983 by Stan Parsons. Stan Parsons had a background in animal husbandry and agricultural economics then after years of working with ranchers in the…
Read More
