At the very core of finance sits the time value of money (TVM). Every decision about what something is worth begs the question, “worth when?” If in ten (10) years, then maybe the...
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In 1981, George T. Doran published a paper in Management Review that introduced SMART goals as a tool to improve the chances of reaching management goals. Clearly identifying what...
Read More >“A budget is telling your money where to go instead of wondering where it went”—Dave Ramsey What does a budget do for me? A budget is a farm owner’s plan of action and evaluative...
Read More >How Efficient is Your Operation? Efficiency is getting more output from the same resources or getting the same output from fewer resources. There are efficiency ratios used to...
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