Tips to build positive cash flow in the cattle business

Positive cash flow occurs when a business is running smoothly with cash on hand to pay expenses and make capital purchases such as breeding stock and equipment. [...]If the profit is used to buy a new double-cab, four-wheel drive pickup, the latest stock trailer model and two ATVs, a negative cash flow may result. Jason Banta, Texas A&M AgriLife extension service beef specialist, lists a pickup, stock and flatbed trailers, welders, a tractor with a front-end loader, all-terrain vehicles (ATVs) and a skid-steer as routinely owned ranch equipment.