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Five (5) Powerful Tools You Can Use To ACCURATELY Measure How Well Your (Farm) Business Is Doing This is a paid/premium content item - click now to learn how you can gain unrestriced access to it

As a Performance Enhancement Specialist and Best Practice advocate, the above subject is one that I consider most important for ANY business owner who truly wants to ensure his/her business runs profitably on a long term basis.

Over the years, in the course of studying many farm businesses out here I have come to identify certain "Major Factors" that determine the success or otherwise of a farm (or indeed any other) business enterprise. You can be sure the list of factors outlined below is NOT exhaustive. I however believe it covers some of them most critical considerations.

To Succeed, You Must Adopt A BOPMS™

BOPMS™ means Best Operating Process Management System which involves doing the following:

1. (You and/or Your Operatives) Developing practical/hands-on proficiency in the technical and operational aspects of the business.

2. (You and/or Your Operatives) Acquiring sound knowledgeof ANY and ALL theoretical concepts, principles and/or philosophies required for successful management of the enterprise.

3. Exploring realistic and practical ways to incorporate software automation into the routine (farm) business data recording, analysis/reports generation - and accounts preparations.

Read this article: Every (Farm) Business, No Matter How Small, Needs PC-Based Record Keeping & Accounts Automation

4. Entrenching a Best Practice/Continuous Improvement culture in the execution of daily farm process management tasks byperatives. Very crucial in this regard will be your unflinching commitment to exploring cost-effective ways to achieve increased farm output at reduced costs - via Variable Costs Reduction Initiatives.

Read the articles whose links appear below to learn more:

a. You Can Increase Your Profits Without Raising Your Prices

b. Catfish Farmers Beware Of Uncontrolled Variable Costs

5. Making ACTIVE monitoring of the (Farm) business' Key Performance Indicators(Farm KPIs) a deeply ingrained habit that YOU and your supervisory/management level operatives CONTINUALLY cultivate.

If you do 1 to 5 consistently, your (farm) business will not only be better managed as a result, its ability to deliver profitable returns to you for the long term will be significantly enhanced.

Learn More About The BOPMS - And How I Can Help You Set It Up

If you are interested in having me help you setup a custom BOPMS for your farm, CLICK HERE to go to a page providing additional details(including links to a real-life case study PDF download).

 

How Measuring (Farm) KPIs Can Help YOU

It goes without saying that item 5 above is where ALL the work done in 1 to 4 will be judged. And that is why I offer via this site, an opportunity for interested (farm) business owners to learn how to competently compute five(5) powerful Farm Key Performance Indication Tools - specifically Two(2) Financial Statements and Three(3) Performance Measures.

Note that the financial statements are useful for getting an overall picture of the financial performance of the (farm) business specifically in terms of income earned and expenses incurred leading to the final bottom line margin, which would be preferably positive - but CAN be negative.

The Performance Measures however go deeper. They help you uncover areas of possibly "poor health" in your farm business(or indeed in ANOTHER person's (farm) business that you wish to purchase or invest in!) which your financial statements would not directly reveal.

For instance, the measures indicate the degree of a (farm) business' "financial safety" by comparing the load of assets and liabilities carried by it at a point in time. As a business owner, THAT information alerts you to areas in the business that you may need to take decisive action to fortify in order to avert potential disaster etc.

But as I earlier hinted, this kind of information can be EVEN more useful to you if/when you want to purchase - or invest in - a business owned by another person. As a prospective buyer or investor, it helps you assess how "safe" or "risky' it would be to enter into the business. Also, knowing these ratios puts you in a strong position to negotiate MORE successfully with a person from whom you want to purchase a business.(That is of course, if the ratios do not suggest doing so would end up losing YOU money!)

I Can Help YOU - Attend My Cost-Saving Farm Ideas™ Workshop

Do you want to learn more about the five(5) powerful tools just described - and how you can start using them, (with automation via my custom software if you wish)?

If YES, click here to learn how to go about getting a custom programme for my on-demand Cost-Saving Farm Ideas™ Workshop.

Testimonial From A Real-Life Client: Learn what one client (a Chartered Accountant) wrote on my feedback/Job Completion Testimonial form after I finished automating staff payslips preparation for his company by clicking here.

Click HERE to request my Cost-Saving Farm Ideas™ Workshop

 

Page Created: 27th May 2007

Note: Most of the ideas, concepts, tools and resources described on this site, can be successfully applied to non-farm businesses. Click here to tell us what you need.

 
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Order A Best Operating Process Management System(BOPMS)™ For Your Farm

"I am a Performance Improvement Specialist, with a bias for Farm Research & Extension Advisory Services provision. What I therefore offer are products/services aimed at helping farm biz owners(and those aspiring) adopt simple, practical and cost-effective systems for starting up or managing their farm businesses at LOWER COSTS, and with LESSER EFFORT. This will enable them enjoy INCREASING financial and other returns with PEACE OF MIND & EASE for the long term. If that sounds like a BENEFIT you want to have, then click here to learn more about the BOPMS™." - Tayo K. Solagbade(234-803-302-1263) SDAc's Cost-Saving Fish Farming Ideas


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Auto-Compute Your Construction Costs(To Ensure Durable, Non-Leaking Ponds) This is a paid/premium content item - click now to learn how you can gain unrestriced access to it

Screebshot of the 1st page of a 2-page report auto-generated by a  100% customisable software that you can order. The report details quantities, rates and costs for ANY rectangular pond size you input into the software. Click now to view the detailed report. Screebshot of the 2nd page of a 2-page report auto-generated by a  100% customisable software that you can order. The report details quantities, rates and costs for ANY rectangular pond size you input into the software. Click now to view the detailed report.

How many blocks do you need to buy to build a 5m x 3m x 1.5 m pond? How many bags of cement do you need for the concrete floor? What about the sides? How much waterproof cement should you use, in what ratio - and where? Many startup fish farmers have wasted money repairing ponds built with inadequate quantities of important materials - due to wrong calculations, and sometimes, crooked "contractors". Would you like to LEARN hw to do all these calculations accurately by yourself? Do you want to own a 100% customisable software that generates a 2-page report detailing quantities, rates and costs(which the software "auto-writes" both in numbers and letters) for ANY rectangular pond size you specify? If YES, click here to learn more.


A Software To Formulate Balanced Feed For Your Fish This is a paid/premium content item - click now to learn how you can gain unrestriced access to it

Screenshot of printable one-page ration formulation report(includes a pearsion square computation outcome) auto-generated by the software. Click to take a closer look. Screenshot of the floating data entry form interface provided in the software. The user will find this interface intuitive and convenient to use when trying out different combinations of feed ingredients in formulating rations for different farm animals. Click to take a closer look.
Many visitors to this site have already requested/downloaded the FREE E-book version of my 70 page Practical Livestock Feed Formulation Handbook. I have since gone further to build an automated ration formulation application. This 100% customisable software (view entry form and pearson square computation results page) makes the process of calculating quantities of various ingredients to make a balanced ration quicker, easier and more accurate. I believe its availability will not detract from the usefulness of the handbook because only a person with a sound understanding of the basis of feed formulation (which is detailed in the handbook) is likely to use the software to successfully boost farm performance. Learn more...

Get this automated feed formulation software FREE by taking advantage of a huge discount to buy the Practical Feed Formulation Handbook and three (3) other very useful Self-Help Books!


Article: Automate Your Records Keeping & Accounting For Profitable Farm Planning

Screenshot of a sample fish farm business planning  document designed to facilitate automated records keeping and accounts preparation. It is produced as part of the BOPMS™ system that we can help you setup to make your farm run more profitably. Click to take a closer look.
In this article, I explain the importatnce of establishing and maintaining reliable farm records keeping and accounting systems as a crucial requirement for successful planning & profitable management of your farm business. Click here to read full article.

Article: Every Farm Business, No Matter How Small, Needs PC-Based Record Keeping & Accounts Automation

By Tayo Solagbade
An essential requirement for success of any farm that wishes to adopt best practice/continuous improvement techniques to achieve optimal performance, is the integration of software automation into its operations - especially farm records keeping and accounting. In this short article, I provide graphic illustrations based on real-life occurrences to show that simple computer-based automation is quite inexpensive when done intelligently - with "common sense". Click here to read full article.


Article: Catfish Farmers Beware Of Uncontrolled Variable Costs

By Tayo Solagbade
If you are planning to, or already own a catfish farm, read this article to learn where you may be losing HUGE profits! Click here to read full article.


Article: 12 Questions You Need To Ask Yourself In Order To Choose(& Successfully Startup) The Right Farm Business

By Tayo Solagbade
Some people rarely bother to undertake any careful analysis of the requirements for successfully starting up and operating a business they nurse interest in. They consequently lose profits due to their poor preparations. This article reviews twelve(12) important questions you can ask yourself so you can be better prepared to choose(& successfully startup) the right farm business. Click here to read full article.


Article: Once You Start Your Farm Biz, You Must Think & Act Like An Entrepreneur To Succeed!

By Tayo Solagbade
In this article I explain why ANYONE starting a farm business needs to realise that s/he MUST become an entrepreneur in order to succeed. For many people this will require changes in spending habits, use of personal time, friendships kept- and most importantly THINKING HABITS ! Click here to read full article.


Article: Insisting Exclusively On Evidence Of Past Clients Before Doing Biz With A Startup Could Cost You

By Tayo Solagbade
Every New Business WILL Startup With Zero Customers! Does not sound nice to the ears BUT that is A FACT of life. Even the great Bill Gates, difficult as it is to imagine today, at the point when he had just started out must have had to find a FIRST paying customer or client. This article suggests other "indicators" you can use(aside from evidence of past clients patronage) to decide whether or not to hire a startup to do a job for you - pointing out how doing this can get you MORE value than you pay for! Click here to read full article.


Report: New Perspectives On Strategies For Extension Services Delivery In Africa This is a paid/premium content item - click now to learn how you can gain unrestriced access to it

By Tayo Solagbade
Today, as a graduate of Agricultural Extension Services, I practice my profession in a manner that contrasts sharply with convention. Yet, an objective assessment reveals that my approach will enable me achieve greater reach and impact on a growing/niched group of farmers whose farm biz activities touch the lives of the majority. In effect, my adopted strategy better equips me to succeed as an Extension professional. You will be interested in reading this paper, if you are in any way involved in preparing people to become Extension professionals - or indeed if you are a student in that field. Using my strategy, a career in Extension is likely to be MORE rewarding than it currently is! Learn more.

 
  Order SDAc's Natural Self-Cleaning Aquariums

Pix of a 6 gallon wood framed natural aquarium - donated to a Fish Farmers organisation. Click now to learn more about how our aquariums work. Pix of a 12 gallon wood framed natural aquarium sold to a school in 2004. Click now to learn more about how our aquariums work
 

LEFT: 6 gallon size wooden framed Aquarium Tank Capacity = 6 gallons. Glass Tank Dimensions: 9 x 10 x 19 inches(W x L x H) Click here to learn more

RIGHT: 12 gallon size wooden framed Aquarium Glass Tank Dimensions: 8 x 24 x 16 inches(W x L x H). Tank Capacity(Volume) = 12 gallons. Click here to learn more


  Gain FREE Lifetime Access To This Site's Paid Content

There is ONLY ONE way to gain unrestricted access to this site's paid/premium content: Get ten(10) others to attend our On-Demand Cost-Saving Farm Ideas™ workshop with YOU. Apart from workshop learnings, EACH of you will get a branded auto run Self-Help CDROM containing ALL premium content available. If you are convinced what we offer can add VALUE to you or your farm biz, fill/submit a web form listing ALL the premium content items you are interested in gaining access to, and we will prepare/send you a custom programme for the Cost-Saving Farm Ideas™ workshop to be conducted at a venue of YOUR choice.


   Why YOU Should Recommend This Site To Others!

This site is dedicated to showing farm owners how to use best practice systems to INCREASE output, quality and profits. YOU as a person are unlikely to be averse to learning how to succeed with LESS effort - and that's why you are here. If I had chosen to hide what I know, this site would not exist. If you do NOT let others know about this site, you deny them the opportunity to benefit like you. It NEVER pays to hoard knowledge. Spread the word about this site. Want for others what you want for yourself. Wish everyone well - and it will be well with you also. There is enough elbow room in the world for everyone to succeed together. Click here to recommend this site to someone you TRULY care about.

 

 

 

 
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