Posted by 2 Old 2 Care on September 10, 2014 at 10:37:02 from (74.142.63.198):
In Reply to: Re: What to do posted by oldtanker on September 10, 2014 at 10:20:37:
I made it through the 80's no worse for the wear. So did my dad. We learned a few lessons then. Not least of which is all the guys who weren't very business savvy were the first to fold their tent and go home. There'll be a few big operators lose their hind ends....There'll be a few that do just fine. Same applies to smaller operators. It's "survival of the fittest".
Cutting cost is critical, but RETURN ON INVESTMENT is just as important. Just because times are tough, you can't just quit spending. It's simply a matter of spending in a way that'll bring dollars back to you at the end of the year.
And the single most important thing (as I see it) that'll get a person through these times has to have already been done....Lower asset to debt ratio when prices were ridiculously HIGH. This is NOT a good time to be carrying a heavy debt load. (Not that there is EVER a GOOD time)
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Harvestin Corn in Southern Wisconsin: The Early Years - by Pat Browning. In this area of Wisconsin, most crops are raised to support livestock production or dairy herds in various forms. Corn products were harvested for grain, and for ensilage (we always just called it 'silage'). Silo Filling Time On dairy farms back in the 30's and into the first half of the 40's, making of corn silage was done with horses pulling a corn binder producing tied bundles of fresh, sweet-smelling corn plants, nice green leaves with ear; the
... [Read Article]
Latest Ad:
For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
