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Transfer at Cost?
It often comes up, should we transfer hay to our livestock enterprises at cost or market value? Should we transfer our calves to our...
jphaskell
May 18, 20213 min read
Don’t Mix Business and Personal Expenses
If you own an LLC, an S or C-corp, or some other formal business structure, stop mixing your business and personal expenses. I’m asked...
jphaskell
May 17, 20212 min read
Essential Elements of a Ranch Budget (and your chart of accounts)
Starting a ranch budget from scratch can be a daunting task. We often envision a complex finished product. A ranch’s budget and the Chart...
jphaskell
May 12, 20213 min read
Do NOT set up your chart of accounts in QuickBooks on your own!
And for the love of all things bright and beautiful, do NOT follow the suggested template they give you. If you want to do your own...
jphaskell
May 4, 20213 min read
High feed costs cost you more than once
Feed costs are often one of the larger costs in cattle operations whether it is home grown or purchased. Often the largest direct cost. I...
jphaskell
Apr 28, 20212 min read
Feed, Water, Location: secrets of time management
A ranch can seem like a never-ending list of tasks. There are so many things to do, nobody gets to the end of that list. We can all think...
jphaskell
Apr 8, 20213 min read
The trouble with finishing
The COVID-19 Pandemic has really accelerated consumer and producer interest in beef sold directly from the ranch. Disruptions to supply...
jphaskell
Mar 11, 20213 min read
Turn Costs into Income
If you want to revolutionize your finances, you could think about the impact of turning things that usually cost you money, into source...
jphaskell
Mar 5, 20214 min read
So, you want a raise?
“I’m not making enough money” sounds like fingernails on a chalkboard to most employers. If you want a raise, you have a few options:...
jphaskell
Mar 2, 20212 min read
Explain the benefits
Many employers are approached by employees who would like to earn more money. They may be ambitious, or they may be dissatisfied. I...
jphaskell
Mar 1, 20213 min read
What does it mean to be a life-long learner?
What does it mean to be a life-long learner? We hear this a lot. Does that mean go to a class or seminar once a year? Read books? Hire a...
jphaskell
Feb 25, 20212 min read
Attendance, attitude, aptitude
My father has told me for years that the three most important attributes in an employee, ranked in order are: Attendance, attitude, and...
jphaskell
Feb 22, 20212 min read
Convert employees to Team Members
I’ve worked for ranches that share all their financial information with employees, some that share no financials with employees, and a...
jphaskell
Feb 21, 20213 min read
Start with a vision and keep repeating it
We all know the clichés. If you fail to plan, you plan to fail. Yet, most of us don’t have a clear picture of where we are going with our...
jphaskell
Feb 19, 20213 min read
Tax Accounting vs Management Accounting
Death and taxes. The two guarantees. Tax laws have a real impact on your business effecting everything from your choice of business...
jphaskell
Feb 18, 20213 min read
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