Anyone in the cattle business knows that the last couple of years have been some of the most profitable our industry has ever seen. A combination of factors have led to this situation and we will take...
This blog will walk you through the basics of balance sheets and income statements, what they are and how can you use them. What Are Balance Sheets and Income Statements? Balance Sheet - measures your...
When it’s time to buy a tractor, excavator or loader, the first question you might ask is: “Do I buy new or used?” There can be advantages to both, and while your answer largely depends on your own...
Buying used equipment for your operation is challenging. You searched everywhere, but could not find what you were looking for at a price you were willing to pay. Finally, you heard that a farmer in a...
Anticipation. It’s one of the most important aspects of farming and ranching. Knowing the weather forecast is key to making planting, spraying and harvesting decisions. Although it is out of our...
Filling out a balance sheet can be an intimidating task. It can be extremely overwhelming to see all the boxes and work through the entire document; however, filling out a balance sheet doesn’t have...
There are tons of grant opportunities out there for non-profit organizations and small businesses, but many people view the grant application process as a daunting task. It doesn’t have to be! Here...
Several years ago, I worked with my milk coop to forward contract some milk. I called the coop milk pricing, a forward contracting expert, to explain the numbers. The comment I got was, “It’s a long...
Ensure you have obtainable goals that will take you to a new level. Whether personal or professional goals, it is important to set yourself up for success! Record keeping can be a daunting task...
The 5 C’s of Credit All lending institutions have the responsibility to complete due diligence in order to be a reliable and consistent source of sound, adequate, and constructive credit. The degree...
