John Ellsworth and his staff at Success Strategies have helped us to better organize our business decisions through the development of an annual operating plan.
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As we look forward to 2012 I would expect that if the milk prices that are reflected in Futures Markets truly hold up we should see some sound cash flow and reasonably good profitability on most dairy farms.
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2011 may be a year some dairy industry producers would like to forget about. It was characterized by extremely high feed prices, which put a dent in our profitability. But keep in mind that record high milk prices were seen in 2011 as well. So, in its entirety, net income should be relatively positive.
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The Business Confidence Maximizer
Your dairy farm, banking, and dairy industry guide. One of the greatest challenges being faced in the dairy industry today is the issue of keeping your confidence at a sustainable level. By this, I mean keeping it at a level where you have some degree of confidence that your strategic plans will actually come to fruition. Of course, the best way to reach goals and obtain a higher level of satisfaction with your strategic plan is to establish one. Having this type of plan in place will enable you start developing specific steps for reaching your written objectives. The Business Confidence Maximizer can help you with this process.
Here’s what you’ll get:
- Great financial tools
- Self-help videos
- Helpful dairy articles full of information learned from over 15 years in the business of helping dairy farmers!
