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UID:97@ranchstewards.org
DTSTART;TZID=America/Denver:20260915T080000
DTEND;TZID=America/Denver:20260916T170000
DTSTAMP:20260824T211924Z
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&nbsp\;\nBuilding a Resilient and Profitable Ranch Busin
 ess\n\n\n\n9:30am-10am I Registration\n\n10am- 5pm I Lunch Included\n\nMor
 ning Session: Setting the Stage\n\n 	Do you own a business or just a pile
  of assets and a bunch of jobs?\n 	Conventional wisdom is right\, conventi
 onal ranching isn’t profitable. We continue only because we subsidize ou
 rselves.\n 	Why ranching isn’t profitable.\n 	Working In The Business v.
  Working On The Business (Knowing how to raise livestock is completely dif
 ferent than knowing how to build and run a business that raises livestock)
 \n\nAfternoon Session: The Three Secrets for Increasing Profit\n\n 	Starti
 ng a business from scratch\, we will start a livestock business from scrat
 ch to identify the 3 things you can do to increase profit.\n 	Develop a sh
 ared language for evaluating profit – Gross Margin Analysis\n 	Looking f
 or “dead wood”\n\n5pm – 6:30 pm | No host social hour at the Elks\n
 6:30 – 8:30pm | Young &amp\; Beginning Rancher Business Session\n\n&nbs
 p\;\n\nWednesday\, September 16th\, 2026\n\n8am – 12pm noon\n\nMorning S
 ession: Applying the Economic Model\n\n 	Apply the economic model to an ex
 ample ranch\n\nFinancial Principles\n\n 	Learn the financial principles fo
 r creating resiliency and cash flow\n\nBenchmarking and Leading Change\n\n
  	Learn the key economic and financial benchmarks of profitable businesses
 \n 	Knowing how to interpret the numbers isn’t enough\, how do we lead c
 hange in these complicated and complex businesses.\n\n&nbsp\;\n\n\n\nTopic
 s covered\n\n 	Economics vs Finance – what is the difference\, and which
  must come first\n 	Understanding overheads and direct costs\n 	Ranch ente
 rprise analysis\n 	Understanding gross margin and how you use it to make r
 anch decisions\n 	Developing an economic plan for your ranch\n 	Testing th
 e plan to see if it is financially feasible\n\n\nThe workshop will be inte
 ractive and use case studies of example ranches for teaching concepts. Thi
 s isn’t a normal boring lecture on economics\, come ready to engage!\nYo
 ung / Beginning Ranchers\nWe will also be offering a 2-hour session specif
 ic to young and beginning ranchers. This session will occur on day one. Th
 e young rancher segment will expand on topics discussed during day one whi
 le applying them specifically to the scenario of starting an ag operation 
 and the practical application to that process. The target audience for thi
 s session will be those aspiring to start their own ag operation\, particu
 larly 18 to 25-year-old current or prospective land managers\, who are int
 erested in developing the necessary business management and leadership ski
 lls to succeed in ranch management.\nRegistration will be $125 per person
  and will include\n\n\n 	Workshop Materials\n 	Lunch on Tuesday and Wednes
 day\n 	Appetizers for the evening social\n 	A deeper understanding of a ra
 nching operation business model\n 	Optional young &amp\; beginning rancher
  session with Dallas\n\nLocation: Elks Lodge 309 2nd Ave S\, Glasgow\, MT
  59230\n\n\nRegistration fees are non-refundable.
ATTACH;FMTTYPE=image/jpeg:https://imagedelivery.net/h7EjKG0X9kOxmLp41mxOng
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LOCATION:Glasgow\, Glasgow\, Glasgow\, MT\, United States
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 ited States;X-APPLE-RADIUS=100;X-TITLE=Glasgow:geo:0,0
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DTSTART:20260308T030000
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