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Is That Farm/Ranch Enterprise Really Making You Money?

By   /  March 18, 2019  /  1 Comment

Allocating costs is a tool used to assist in financial and managerial decision making within your operation. Done well it can help you focus on what’s making the most profit for you.

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Thanks for this article go to UNL Beefwatch and  Austin Duerfeldt, Agricultural Systems Economist a
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  • Published: 3 years ago on March 18, 2019
  • By:
  • Last Modified: March 18, 2019 @ 2:55 pm
  • Filed Under: Money Matters

About the author

Publisher, Editor and Author

Kathy worked with the Bureau of Land Management for 12 years before founding Livestock for Landscapes in 2004. Her twelve years at the agency allowed her to pursue her goal of helping communities find ways to live profitably AND sustainably in their environment. She has been researching and working with livestock as a land management tool for over a decade. When she's not helping farmers, ranchers and land managers on-site, she writes articles, and books, and edits videos to help others turn their livestock into landscape managers.

1 Comment

  1. John Marble says:

    Allocating expenses properly to individual enterprises is an absolutely essential tool. That said, sometimes even really good data cannot over come the omnipotence of a paradigm.

    A friend of mine is involved in management at a large international agriculture company. He was tasked with rooting out the profit-eating problems related to the company’s freight division. This interest was due to the “obvious” problem of having to pay too much (internally) for freight. When he came back with the analysis and data, the President tossed it over his shoulder, laughed, and said,

    “I don’t believe the data!”

    My advice: Time to look for a new job.

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