Building a budget is a critical step in achieving your sales goals. Whether you’re starting a new operation or continuing an existing one, a budget helps compare your actual sales to your projections. This comparison helps you determine whether you’re successful...
Time tracking, also known as labor tracking, helps you understand your business better. By keeping tabs on how much time is spent on different tasks or crops, you can determine which ones are making you money and which aren’t. This information is crucial when...
Finding the right employees is key to the success of your farm or food business. Like we’ve said before: people are your most valuable asset. It would be amazing if you could hire once, automatically find the perfect employee, and then they stayed working for...
Learning the lingo of business finance can sometimes feel like the biggest hurdle to mastering your own business. It doesn’t help that some financial terms have nuanced meanings that vary between organizations and industries, making words you thought were...
In a competitive business landscape, your company’s approach could be the very thing holding it back. From not standing out in a crowded market to mismatches in business scale, many farms and food businesses face obstacles that hinder their success without even...
This is the final blog post in a two-part series about gross margins. Click here to read our first blog post, “Understanding Your Gross Margins.” Gross margins serve as a compass, guiding your business toward profitability and protecting against potential financial...