Profit Preserves Passion

Informing Management Through Examining Finances

Take control of your ranch’s success with our 4-Part Virtual Ranch Management Series.

Learn to pinpoint vital enterprises, understand their interplay, and perform a ‘quick and dirty’ analysis of your operation to guide effective management decisions.

1. Session 1 (October 8th): Understanding Managerial Accounting. Learn the basics of managerial accounting, its differences from tax accounting, and how to identify your enterprises and cost/profit centers. 
2. Session 2 (October 15th): Performing an Analysis. Analyze financial impacts to choose the best enterprise mixExplore methods for performing analysis using managerial accounting, review last year’s performance, and plan for the upcoming year.
3. Session 3 (October 22nd): Making Informed Management Decisions. Understand how to use analysis for decision-making including cost transfers and inventory accounts, and explore how managerial accounting can enhance marketing and sales strategies.
4. Session 4 (October 29th): Tailoring to your Needs. This session will address any questions from previous sessions, with a focus on practical applications such as setting up systems for the next year or exploring other ranch management topics like creating a grazing plan.