Comments for Growing Farm Profits | Improving Farm Business Performance™

Comment on Interruption by Growing Farm Profits | Improving Farm Business Performance™ | #191 – Get on Down the Road

Tue, 28 Aug 2018 07:42:57 +0000

[…] been 191 consecutive Tuesdays. Didn’t miss a single one, not even when I was sicker than I’d been in over 20 years having found myself in emergency 2 days earlier, this weekly commentary on matters germane to small […]

Comment on If You Are Happy Just Floating Along, Go Fishing by Growing Farm Profits | Improving Farm Business Performance™ | Direction

Tue, 21 Aug 2018 07:37:30 +0000

[…] business? Without direction and a charted course, your business is akin to a rudderless boat, just floating along aimlessly. While “floating along aimlessly” sounds like a great vacation, it is most definitely not a […]

Comment on Be Intimate with EBITDA by Growing Farm Profits | Improving Farm Business Performance™ | KYN: Profit Margin

Tue, 14 Aug 2018 07:40:51 +0000

[…] – was just over $15,000. Even adding depreciation and interest back into the calculation (to arrive at EBITDA) there was no way they could service the mortgage they were requesting. Their profit margin was (in […]

Comment on Intention by Growing Farm Profits | Improving Farm Business Performance™ | Growth Kills

Tue, 24 Jul 2018 07:34:38 +0000

[…] led to the recent success in business? Was it deliberate, planned, and executed…was it intentional growth? We recently discussed the ramifications of unintentional growth. Maybe this article should be […]

Comment on Be Intimate with EBITDA by Per Acre Equipment Calculation - The Home Quarter

Per Acre Equipment Calculation - The Home Quarter — Tue, 26 Jun 2018 12:31:14 +0000

[…] versus Farm A having $500/ac. Yet when we dig further by bringing EBITDA into the calculation (EBITDA is Earnings Before Interest Taxes Depreciation & Amortization) we discover that Farm A generates […]

Comment on Always Growing…Growing All Ways by Growing Farm Profits | Improving Farm Business Performance™ | Sub-Topics of Growth (Part 3)

Tue, 15 May 2018 07:43:16 +0000

[…] You business is like a tree: if it is not growing, it is dying. But unlike a tree, your business has many ways it can grow. Always grow, and grow all ways. […]

Comment on Spending less is more valuable than earning more…. by Control - The Home Quarter

Control - The Home Quarter — Tue, 24 Apr 2018 12:16:55 +0000

[…] we make more, we spend more (despite a contrarian strategy discussed here on May 17, 2016 – Spending Less is More Valuable than Earning More.) As farm incomes rose, so did farm expenses; what used to be “nice to have but could live […]

Comment on Always Growing…Growing All Ways by Growing Farm Profits | Improving Farm Business Performance™ | Contrasting Behaviors in Outcomes

Tue, 13 Feb 2018 07:33:36 +0000

[…] businesses must get bigger to survive. This is not absolute. Yes, our businesses (and ourselves) must always grow (and grow all ways) but don’t let yourself get pigeon-holed into the thinking that growth is only “size and […]

Comment on If You Are Happy Just Floating Along, Go Fishing by Growing Farm Profits | Improving Farm Business Performance™ | Contrast

Growing Farm Profits | Improving Farm Business Performance™ | Contrast — Tue, 02 Jan 2018 07:55:29 +0000

[…] who do not plan, who make decisions based on short term perspective and emotion, or who are happy just floating along, there is a clear and obvious line separating the grain from the […]

Comment on Scoreboard by Growing Farm Profits | Improving Farm Business Performance™ | Reflection

Tue, 26 Dec 2017 07:41:14 +0000

[…] to ask, “Why the hell not?” Do you think a hockey team plays the entire game without checking the scoreboard and the clock regularly? They would be quite surprised to have the final buzzer go off only to find […]