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Know your numbers!
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larryshoat
Posted 12/23/2025 08:48 (#11481007)
Subject: Know your numbers!


Southwestern Ohio


Heard a guy the other day talking about farmers not having a firm grip on their finances. He said if you had an unexpected repair for say $20,000 you needed to go back update your balance sheet and readjust your cash flow projections. Ok fair enough he has a service to sell but until he tells me where the $20,000 is going to come from the reaccounting of it doesn't interest me.  I see these kinds of adds more and more and before they can sign me up for their service they're not only going to have to show me how to know my numbers but show me how we're going to change those numbers. If they can do that they will have me but until then it's just another cost.


All that being said the point that my accounting is not good enough is well taken.

Larry

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