Wisconsin bankers' farm bulletin
Wisconsin bankers' farm bulletin. Bulletin 65: farm accounts: why and how one man kept them PDF (1008.0 KB)
LITTLE DAILY LEAKS MADE LARGE ANNUAL LOSSES The attention was turned to the milk house where the milk was bottled. The weight of milk going over the cooler was compared with the number of quarts placed in the refrigerator. It was estab- lished that 30 to 40 quarts a day were lost down the drain because of an old and leaky bottling machine. This waste of $3 to $4 a day was cut out by investment in a new and efficient bottling machine. An- other small saving was effected by paying a little more for more accurately calbrated delivery bottles. SALES ARE THE OBJECTIVE POINT. BOOST THEM Then the matter of delivery was attacked and a sales campaign begun, to dispose of the increased output which could be economically produced; thus cutting overhead expense per unit of sales, thereby increasing profits. DON'T GET DISCOURAGED AND QUIT! CARRY ON! All these "new fangled ideas" caused some friction among the employees, but when they quit a premium was offered to a better class of help and a net saving in payroll effected. So farmer Brown's business was put on a paying basis by means of a few pertinent records. No formal bookkeeping had been done during the reorganization period. But Farmer Brown was convinced, and preparation was made for developing the office end of the work. A set of accounts adapted to his needs were started, a routine clerk taught to do the work and the accountant released to new work. The Department of Agricultural Economics of the College of Agriculture, Madison, has worked out a new farm record book, or bound set of forms, which will enable any farmer to attack his own problems as Farmer Brown did his, with a small amount of labor and a great deal of benefit. The 1epartment will co-operate with such farmers as are seriously interested in accounts adapted to their farm business. EP SOORE! Half the fun in the Great American Game lies in keeping the box score at the game and watching the averages and standings of the clubs in the daily papers. Keep score on your farm business. You will find it inter- esting. Which cow gives the most milk a day: Does Ann hold out for a good average for the season? Better than Jane, who started out poorly? How many months did you beat the price of milk? Play the game right! Keep score!
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