Tools for Profit

The 8 "Ps" for managing transition

When developing a transition plan, it’s important to follow the eight “Ps.” Each represents a required step to manage change on your dairy. FULL STORY »

4 steps to informed purchasing

Purchasing decisions can be a mine-field to the uninformed. FULL STORY »

Learn to listen critically

In my previous life as a consulting veterinarian, I was generally the one who did most of the talking while my clients (hopefully) were listening. FULL STORY »

Is your lender a trusted adviser?

I continually ask myself if i am doing everything I can for my clients. Am I meeting their expectations? Could I do more to help them meet the daily challenges they face? FULL STORY »

Divorce and the family farm

Years ago, couples married, raised a family, and passed the farm from one generation to the next. FULL STORY »

Characteristics of successful dairy businessmen

I’m often asked what are some of the characteristics I see in successful dairy operations. FULL STORY »

How to put call options to work

For some time now, dairy producers have had the opportunity to shield themselves from price risk by entering into forward-price contracts with dairy plants. These arrangements do not require producers to post margin money or pay premiums, and they give producers a guaranteed price for milk to be delivered in the future. FULL STORY »

Have you developed a business succession plan?

As the owner of a privately held farm, you are undoubtedly involved in every facet of the operation. FULL STORY »

Avoid the alternate-generation phenomena

Have you ever really looked at a successful family dairy operation in your area? If so, you probably have noticed something that I call the “alternate-generation phenomena.” FULL STORY »

Make your financing work for you

During periods of low milk prices, many farms are forced to try and survive on credit cards and vendor credit. But, it doesn’t have to be that way. FULL STORY »

Make the Tax Relief Act of 2001 work for you

By now, you've probably heard about the Tax Relief Act of 2001. Yes, the scope of the new legislation is enormous. FULL STORY »

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T5 Electro Command™

New Holland has further extended the T5 Series appeal to livestock producers with the addition of the Electro Command™ semi-powershift transmission. Two ... Read More

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