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[RECOMMENDED] The importance of key performance indicators for profitability

The article linked below echoes a message I’ve been screaming through my Cost-Saving Best Practice Farm Business Ideas articles (like THIS one – click to view) for over a decade, to my Farm CEO target audience 

That’s why my Custom Spreadsheet software are designed to auto-compute and report, in tabular as well as charted format, commonly used KPIs for farm businesses they are built for e.g the Excel-VB Poultry Farm Manager, and the Excel-VB Catfish Farm Business Manager.

KPIs are crucial tools for monitoring the performance of a business in operational as well as financial terms – and EVERY Farm CEO needs to make smart use of them, to be sure s/he achieves efficiency and profitability repeatedly and consistently.

Without KPIs, you would effectively be working blind – which means you would have no means of accurately determining whether your business is doing well or not, in a reliable and sustainable manner. Definitely not a smart thing to do.

Now, even though this article uses Pig farming as the basis for discussion, the insights it offers can be successfully applied to other livestock farming enterprises. And that’s why I’ve chosen to share it here.

Hope you enjoy reading it.

Tayo

PS: I’m preparing to produce a new Audio Podcast Training (APT) Series designed to educate Farm CEOs about How to develop and use Key Performance Indicators (KPIs) for records management. It will come with PDF tip sheets and spreadsheets loaded with ready-to-use report generation formats for the KPIs discussed. This is to help those of you who may wish to adopt these powerful tools, but do not know how to go about it. Click here to join my list so you get notified in your email once it goes LIVE.

 
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The importance of key performance indicators for profitability
 
Research and development into many areas of commercial pig production has fuelled improvements in productivity and output. Yet, it is still questionable if profitability on farm is increasing, or even being maintained, in-line with these advancements. 
 
Industry experts advise that remaining profitable is imperative, and the way to monitor this is through key performance indicators, which ensures a unit is reaching its full potential through maximum production efficiencies.
kpi-abn-uk

Continue reading…

[IMPORTANT: This blog's contents are being updated following the transfer to www.tayosolagbade.com from my former domain - Spontaneousdevelopment.com. As a result, some parts of it may not work properly for now. Quick Tip: If a link contains "spontaneousdevelopment.com", simply change it to "tayosolagbade.com" - and it should work. This applies to article links as well as image links. Work continues to update the links(in over 500 articles). Tayo K. Solagbade.]

Practical Livestock Feed Formulation Handbook

Available as a PDF ebook, and also as a spiral bound print manual (from me). Click here for details.

You can also get it as an PDF ebook via my online store.

Screenshot of ebook in online store

$82.5 USD to buy it from my online store (PDF download)

N8,000.00 [Eight Thousand Naira] for persons who wish to send payment direct to my bank account.

Payment of N50,000.00 gets you the physical handbook and software on CD with videos etc, PLUS practical one-on-one, in person training with me at a feed mill in Lagos, Nigeria.

Click here to contact me about purchasing this product.

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Signature image - Tayo K. Solagbade

Tayo K. Solagbade*
Performance Improvement Specialist & Multipreneur
*Best Practice Farm Business Support Specialist
& Founder of the MS Excel Heaven Visual Basic Automation Club & Competition(www.excelheaven.biz)

 

 

Excel-VB Driven Ration Formulator

Click to view larger screenshot

1. Click here to learn more about this app - watch demo videos etc

2. Click here to watch a 4 part video in which I demonstrate how to use this app to formulate rations using real life data sent to me by an Algerian PhD student.

Click here to contact me about purchasing this product.

EXCEL-VB DRIVEN POULTRY LAYER FARM MANAGER SOFTWARE

Click here to download a detailed PDF user guide and watch 15 screen shot user guide tutorials of the Monthly Poultry Farm Manager that I now offer Farm CEOs.

Click here to watch a screenshot demonstration of the Excel-VB Driven Poultry Farm Manager I built for a client farm business in Ekiti state, South West Nigeria.

Click here to contact me about purchasing this product.

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