Baaaaaaaad Business

Dan and Ryan take a look at the basic tools to financially evaluate how the business side of the ranch is doing.  The purpose and difference between a balance sheet, income statement, & cash flow statement are discussed and then applied to both Dan & Ryan's ranching experiences.   Be it sheep, cattle or crops, agriculture is run on thin margins and has a huge cash demand.  We also explore the importance of building a team of people to give advice and help guide a ranch top success.  Most importantly, how to relate to and interact with a banker.  We hope you enjoy and please leave a review or DM us on either of our Instagram  @flyingmule @californiasheeprancher