Listen "Baaaaaaaad Business"
Episode Synopsis
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
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