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Dairy Business Management
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Scenario and Disaster Planning Worksheets
(2020-04-17)A key management function for business owners is scenario and disaster planning. Operational and strategic planning focus on what objectives/goals/progress the business strives to accomplish over time. Scenario and ... -
Ten Key Herd Management Opportunities On Dairy Farms During Low Margin Times
(2018-03)Tighter and likely negative margins on many dairy farms now and for much of 2018 make it even more critical for dairy producers to focus their management skills on making sure that their herd management is “being all ... -
Understanding Your Break-Even Cost of Production
(2018-06)With earnings dropping from 2017, and this becoming the fourth year of low or negative earnings for many dairy farms, understanding different financial aspects of your business is critical. A key starting point is to ... -
Rising Labor Costs: Strategies and Approaches
(2017)component of the farm and a larger expense, with hired labor being the second largest expense item on many farms. With this increased reliance on hired labor, the impact that changing labor costs can have on the profit ... -
Basic Income Tax and Equity Effect of a Profits Interest LLC
(2018-04)One of the key properties of an LLC that gives it flexibility is that a member’s ownership, or capital percentage, does not have to be equal to their profit percentage.
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