MANAGEMENT

It’s been said, “Doing business without advertising is like winking at a girl in the dark. You know what you’re doing, but nobody else does.”

Ranches keep records for three good reasons. First, tax season is upon us, and accurate records are important to the IRS.

Transitioning your ranch from a sole proprietorship to an entity structure can seem daunting, but with the help of your attorney and CPA it can simplify the process and protect your family for generations to come.

Recruitment and selection are not the fondest areas of work for most beef producers. It, therefore, is important to productively focus your energies. To better understand the importance of focus, we start with a discussion of the circles of concern and influence.

What you see at a ranch production sale is a crowd of cowboy hats resting on the heads of potential buyers who eye uncharacteristically clean cattle kicking up sawdust on their way through a sale ring.

It’s safe to say most ranchers didn’t get into the cattle business because they are passionate about crunching numbers. Rather, one would wager it had more to do with raising livestock and being stewards of the land.