This past week I had the privilege of presenting at the NM Organic Farming Conference in Albuquerque, New Mexico. My workshop on “Enterprise Analysis for Fun and Profit” was one they decided to live stream so you can view it on Facebook.
As I mention in my presentation, I have consistently heard producers talk about the power of really knowing their numbers and making critical decisions about in which enterprise they should invest their time and money for the sustainability and resilience of their businesses. With just a little bit of analysis producers learn which management practices are costing them money and which ones could be making them money. With that knowledge they take the plunge and make management changes that have resulted in consistently 30% more profit in their operations and sometimes as much as 300%.
To see the gross profit that Gabe Brown gets from his corn crop, view his Case Study on our Success Stories page or read the full article here.
To get help on developing your enterprise analysis, sign up for HMI’s Getting Started Holistic Financial Planning Online Class starting in April.
To learn more about doing your own enterprise analysis, download HMI’s Financial Planning Manual for free. This download packet includes a free, simple Excel spreadsheet for planning your finances.
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