AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Practically Ranching
#51 - Stan Bevers, More to Your Bottom Line
Feb 28, 2024
The podcast features Stan Bevers, an expert in ranching economics, discussing key performance indicators and accounting principles to improve profitability. Topics include managing expenses, maximizing productivity, comparing managerial and tax accounting, utilizing fixed asset software for analysis, and maximizing revenue through data-driven decision-making in ranching operations.
01:15:53
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Tracking key performance indicators (KPIs) can enhance ranch efficiency by isolating areas needing improvement.
- Analyzing operational expenses like labor and equipment costs is vital for sustainable ranching.
Deep dives
Efficiency through Managerial Accounting
Utilizing managerial accounting techniques can lead to increased efficiency on ranches by tracking key performance indicators (KPIs). By isolating expenses into support, cost, and profit centers, ranchers can gain insights into areas needing improvement. For instance, monitoring labor costs per cow or overhead costs can help in making informed decisions to enhance profitability.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode