It is branding season in the Rock Creek Valley! This season begins around April 25 and wraps up mid August, having branded roughly 3500 head of calves belonging to 4…
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The landscape for marketing your products is changing so quickly it is hard to keep track of the changes that occur on almost a daily basis. I’m tired of hearing…
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As we wrap up 2019, I want to share with you what comes to the top of my mind as actions that farms and ranches take when they are serious…
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A young rancher attended his first Executive Link meeting a few weeks after completing a Ranching for Profit School. He showed his EL board the long to-do list he created…
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A lot of people make New Year’s resolutions. Gym memberships go way up in January. By Valentine’s Day that box of chocolates is looking pretty good and gym attendance is…
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Income - costs = profit, right? The answer is “sort of.” It’s a little more complicated than that because we need to adjust for inventory changes, consider non-cash costs like…
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Some people think that records are THE key to managerial success. Not me. I think most records are a waste of time. Records give us data. We need information. It…
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The risk of wildfire has always been a normal part of ranching. But today we are faced with a new normal that includes the increased risk of catastrophic wildfire. The…
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How is the next generation ever supposed to step up if the current generation can’t step down or at least step aside? The short answer is they can’t. It’s one…
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There are two big pieces to the estate planning puzzle: who will run what (management succession) and who will own what (the transfer of assets). In my last ProfitTips article…
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