Sunday 19 January, 2014
I've always intended that the smallholding be at least self-financing in revenue terms. We've been happy to invest in capital items such as fencing and equipment durng the establishment of the smallholding but we're now hoping that it can support itself and even return a small profit.
Although I keep records of income and expenditure for the business overall, I've never looked at each enterprise to see how it performs. But 2014 is going to be the year of the "improved management information". I've ordered a proper calculator - not on my phone or computer, but a "proper" desk one - and I've got all the invoices out for 2012/13 and since it's a miserable day, I'me going to spend the afternoon working through them.
Some things, like hay and molassed licks, are used for both sheep and cattle, so I'll have to decide how to apportion them - probably on a LSU basis but there's no such issue with poultry or pigs.
So, going to bed the field shelter then get started. See you on the other side :-)