Every business has its assets. Assets are any owned properties which produce value; in other words, the things that make a business-owner their money. In the real estate market, the biggest asset is land. For brand management companies, the primary assets are copyrights and trademarks. But when it comes to most farmers and ranchers, the most important asset is often livestock.
Just like house flippers and major corporations, if you’re a farmer or rancher, you want to make the most out of the assets you have. That means not only minimizing costs while maximizing profit, but also fostering sustainability for the future. How do you do that when your money-making assets are living, breathing, and often unpredictable animals? Here are some helpful tips!