BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.3.6//EN TZID:America/Denver X-WR-TIMEZONE:America/Denver BEGIN:VEVENT UID:97@ranchstewards.org DTSTART;TZID=America/Denver:20260915T080000 DTEND;TZID=America/Denver:20260916T170000 DTSTAMP:20260717T134005Z URL:https://ranchstewards.org/events/ranching-for-profit-short-course-glas gow-mt/ SUMMARY:Ranching for Profit Workshop- Short Course- Glasgow\, MT DESCRIPTION:This workshop is being brought to the community from the Ranche r’s Stewardship Alliance Beginning Rancher and Education committees and led by Dallas Mount\, owner of Ranch Management Consultants. Topics discus sed will include the condensed and higher-level overviews of the in-depth topics covered in the Ranching for Profit school. The Ranching for Profit school is internationally acclaimed and empowers ag producers to transform their ranches into successful businesses.\n\nParticipants will leave with a better understanding of how to evaluate ranch decisions from an economi c perspective.\n\n \;\nBuilding a Resilient and Profitable Ranch Busin ess\n\n\n\n8:00am - 5:00pm\n\nMorning Session: Setting the Stage\n\n Do you own a business or just a pile of assets and a bunch of jobs?\n Conven tional wisdom is right\, conventional ranching isn’t profitable. We cont inue only because we subsidize ourselves.\n Why ranching isn’t profitab le.\n Working In The Business v. Working On The Business (Knowing how to raise livestock is completely different than knowing how to build and run a business that raises livestock)\n\nAfternoon Session: The Three Secrets for Increasing Profit\n\n Starting a business from scratch\, we will star t a livestock business from scratch to identify the 3 things you can do to increase profit.\n Develop a shared language for evaluating profit – G ross Margin Analysis\n Looking for “dead wood”\n\n5pm – 6:30 pm | No host social hour at the Elks\n6:30 – 8:30pm | Young &\; Beginning Rancher Business Session\n\n \;\n\nWednesday\, September 16th\, 2026\ n\n8am – 12pm noon\n\nMorning Session: Applying the Economic Model\n\n Apply the economic model to an example ranch\n\nFinancial Principles\n\n Learn the financial principles for creating resiliency and cash flow \n\n Afternoon Session: Benchmarking and Leading Change\n\n Learn the key eco nomic and financial benchmarks of profitable businesses\n Knowing how to interpret the numbers isn’t enough\, how do we lead change in these comp licated and complex businesses.\n\n \;\n\n\n\nTopics covered--\n\n Ec onomics vs Finance – what is the difference\, and which must come first\ n Understanding overheads and direct costs\n Ranch enterprise analysis\n Understanding gross margin and how you use it to make ranch decisions\n Developing an economic plan for your ranch\n Testing the plan to see if it is financially feasible\n\n\nThe workshop will be interactive and use c ase studies of example ranches for teaching concepts. This isn’t a norma l boring lecture on economics\, come ready to engage!\nYoung / Beginning R anchers\nWe will also be offering a 2-hour session specific to young and b eginning ranchers. This session will occur after the no host dinner on day one. The young rancher segment will expand on topics discussed during day one while applying them specifically to the scenario of starting an ag op eration and the practical application to that process. The target audience for this session will be those aspiring to start their own ag operation\, particularly 18 to 25-year-old current or prospective land managers\, who are interested in developing the necessary business management and leader ship skills to succeed in ranch management.\nRegistration will be $125 pe r person and will include\n\n\n Workshop Materials\n Lunch on Tuesday an d Thursday\n Appetizers for the evening social\n A deeper understanding of a ranching operation business model\n Optional young &\; beginning rancher session with Dallas\n \n\nLocation: Elks Lodge 309 2nd Ave S\, G lasgow\, MT 59230\n\n ATTACH;FMTTYPE=image/jpeg:https://imagedelivery.net/h7EjKG0X9kOxmLp41mxOng /4b1bf480-fcb0-4740-4192-2c531105fe00/w=1000,h=667 LOCATION:Glasgow\, Glasgow\, Glasgow\, MT\, United States X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Glasgow\, Glasgow\, MT\, Un ited States;X-APPLE-RADIUS=100;X-TITLE=Glasgow:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:America/Denver X-LIC-LOCATION:America/Denver BEGIN:DAYLIGHT DTSTART:20260308T030000 TZOFFSETFROM:-0700 TZOFFSETTO:-0600 TZNAME:MDT END:DAYLIGHT END:VTIMEZONE END:VCALENDAR