I’m passing on a New Year’s resolution suggestion from David Koupal, a South Dakota farm business management instructor:
“We know there are specific dates throughout the year to mark on your calendar: weddings, Black Friday, all the holidays, church functions, school activities, date night with your spouse, and the list goes on. What I want you to do is set aside Management Monday to do your management records,” he says. “The number-one issue with many of my clients is trying to find time to complete their monthly records. I agree it is hard during the year to get those records complete on a regular basis. So what I would like to suggest is Management Mondays. Pick out one or two Mondays during the month to work on the record keeping. Depending on the size of your operation, this procedure may take anywhere from an hour to most of the day. Some may be able to stay current with only one Monday a month, where others may need to devote more time.”
People with growing families have a precious few extra hours to devote to book keeping, he notes, but a serious operator realizes that up-to-date records are essential to proper and efficient management.
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