Business Management
Tornadoes are most common in the central Plains and southeastern U.S., but they can happen anywhere. It is important to have a plan in place to protect yourself and any employees going into peak season.
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Using QuickBooks classes to track livestock enterprises
Learning to use the QuickBooks class tracking feature provides producers with a meaningful view of what entities are the most profitable and which ones need improvement.
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Landowner considerations when negotiating solar energy leases
Solar energy leases can provide an added source of revenue for farmers and ranchers. However, the implications of a solar lease are far-reaching and should not be taken lightly.
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Running stockers as a drought strategy
Stocker cattle can give cow-calf producers the ultimate flexibility for grazing and forage resource management. However, there are associated risks and critical skills producers need to learn to be successful.
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Initial and periodic safety training in the feedyard
Immediate safety training for new employees, combined with follow-up monitoring, is essential to ensuring employees understand safe working processes and fully implement what they’ve learned.
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Developing a hedging mentality for your ranch
Hedging may not be applicable for every operation but implementing a hedging mentality is. Producers can find long-term success by identifying risks and brainstorming options to counterposition those points of concern.
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Manageable steps to make progress with succession planning this year
Succession planning is a marathon – not a sprint. Families should identify their goals, create a plan and establish a tempo that works for them in order to sustain the momentum needed to reach the finish line.
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Farming out the financials
When a farm or ranch grows, it can be difficult to keep up with the financial management areas of the business. In such cases, it may be wise to outsource at least some of the financial and accounting tasks.
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Right to Farm updates: Important protections for agriculture
Many rural areas are seeing rapid growth, meaning new neighbors without a connection to agriculture. The Right to Farm statutes protect existing operations against nuisance lawsuits, and some states have made updates to strengthen these protections.
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