Use Your Winter Wisely Well, the cold weather has ar rived and snow may soon be on its way. Another year’s crops have been harvested. Field work is several months away. It’s the time of year where we take a deep breath, reflect on the past year and look forward to the next with hopeful anticipation. Over the next few months, sit back, relax and enjoy the slow time of the year. You’ve earned it -- right? We can’t plant or harvest, so what else could we possibly do? Actually, there is much that can be accomplished during this time of year. For example, re view last year’s crop and livestock production performance and ask yourself a few questions. How did your actual performance compare to your goals? What went well and what did not? What caused me to exceed or fall short of my expectations? Increased hydraulic flow, lift capacity THE WHITE MODEL 6410 Tfl HAVE CONFIDENCE IH A The all new 70 PTO hp 6410 was born tough to work hard doing the dozens of jobs you'd throw at a POPS chassis utility tractor Under the sleek, sloping hood is a new clean burning Cummins B 3 9 diesel for high efficiency, low emissions and real dependability The 6410 is designed to handle extra-tight turns while giving you the advantage of standard 12x4 partial synchro transmission Come take a test drive today, and get to know the born-tough new generation of White tractors WITMER’S INC. Box 368' Columbiana, OH 44408 330-427-2147 HERNLEY’ S FARM LEBANON VALLEY EQUIPMENT, INC. STANLEYS FARM SERVICE IMPLEMENT CO., INC. 2095 S. Market St. RD 1 - Off Rte. 125 700 E. Linden St. Elizabethtown, PA KUngerstownPA _ 717-367-8867 717-648-2088 717-866-7518 Consider management changes you can use to improve perform ance. Determine which manage ment practices were successful and think about implementing them again next year. Consider completing an enter prise analysis, the process of re viewing the revenues, expenses and returns for a stand alone activ ity. Examples of enterprises may include com, soybeans, vegeta bles, dairy, heifers, cattle, market hogs, sows, layers, etc. What was your return or margin per hundred weight of milk sold, per pound of meat sent to market, pet dozen eggs, per acre of crop pro duced? Determine where you are spending your dollars and what re turn you are receiving. Which expenses and commodity prices can you impact? Consider how you can lower controllable costs 2WD and PFA models available Wet multi-disc clutch increases durability by cushioning torque loading surface while dissipating heat MILLER EQUIPMENT CO. RD 1 Bechtelsville, PA 610-845-2911 Use the results of this analysis in your decision making process. If you ate considering die purchase of a piece of equipment or addi tional land, how will it impact your cost of production within the specific enterprises). Complete the maintenance on your machinery and equipment and be prepared when the planting sea son arrives. Look at each piece of equipment and replace or fix bro ken and worn parts. Have your planters and sprayers calibrated ahead of time. Don’t wait until you need to be in the fields to see if your equipment is ready. Spend some time updating or developing a succession plan. This is the process of preparing individuals and your operation for the future transfer of management and ownership. When discussing this topic, most people think first of estate planning. If you already have an estate plan, review it and determine if it is still accurate and relevant. This should be done at least annually or whenever a sig nificant change within the family or operation takes place. If you do not have an estate plan, now is the time to put one in place. Remember that when drafting a plan, it is critical to use an attorney who is knowledgeable in estate planning. Succession planning also in volves preparing individuals for 12x4 partial synchro transmission and optional 12x12 synchro shuttle MAKES IT EASY NEW GENERATION. Take the time to evaluate your production, financial, personal, and family goals for 1998. Do you want to increase production, initiate a retirement plan, or spend more time with your family? Have your family members do the Clean burning turbocharged Cummins B 3 9 diesel engine Low profile hood for high visibility Al white NcciiiAitr (AOCgj TOUIHNESS J & M MACHINERY CO. ■ Route 22 & 819 Greensburg, PA 412-668-2276 future management responsibili ties. Involve key family members or employees in discussions and the decision making process in ar eas such as health programs, nu trition, finance, marketing and production. Include them in dis cussions with specialists such as the veterinarian, feed sales person, nutritionist, banker and account ant. Consider having them pres ent an overview of the operation to the banker or accountant. Be sure to explain why a certain deci sion was made. Remember that you must maintain an open mind to sugges tions presented by these key indi viduals and take the ideas seri ously. These ideas may not all work, be realistic or be imple mented, however, it is part of the learning process. Begin by deter mining the key management re sponsibilities. Then establish methods for training, develop a time frame for initiating the proc ess and develop benchmarks for tracking progress. You may even decide to involve specialists in the training as necessary. SEE US AT THE KEYSTONE FARM SHOW JANUARY 6 & 7 Custom Design Comes To Us Naturally KIPE STEEL 1-800-432-4797 3791 Church Rd, Chambersburg, PA 17201 FAX: (717) 26.7-1580 Dealer Inquiries Invited I CALL FOR OUR NEW FREE COLOR BROCHURE same and then share the results with each other. You may be sur prised at what you team. Remember that any goal should be specific, measurable, at tainable, rewarding and have a time limit. Once goals are estab lished, develop an action plan and dedde who is responsible and ac countable for following through on the plan. Monitor your prog ress and results. Also, the goals should be part of and relate to an overall plan or vision for your family, the operation and you. I am not sure of the original authors, however, consider these two familiar statements; “If you don’t care where you want to get to, then it doesn’t matter which way you go” and “If you don’t take charge, change will take charge of you and you won’t like it" Management is a series of choices and each choice has conse quences some are good and some may be bad. Determine your goals and establish action plans to reach them. „ Delink Cinder Farm Management Agent Cheater County PA FARM SHOW JANUARY 10 & 15 BOOTH #4OB Call Us for the name of local dealer and ask about a Parlor Tour.