Heavy Equipment Costs: Breaking Down Owning and Operating Costs
Heavy equipment costs fall under one of two categories. One category indicates how much it costs to purchase (finance), protect (insure) and legalize (permit and registrar) heavy equipment and machinery. The second category includes the costs associated with operating and maintaining a machine: fuel
Reduce Farming Costs by Increasing Fuel Consumption Efficiency
A farmers personal income, while it may seem like the sum of a wide range of factors and variables, is as simple as two words: net profit. There are only two kinds of profit, net and gross. Gross profit is the most important of the two because gross profit is the amount of money a […]
Cut Costs of Agricultural Production: Understanding how to Increase Profit
Success in an AG business means accomplishing two things: generating a high gross profit and minimizing the difference between gross profit and net profit. Gross profit is how much money an operation makes. Net profit is how much money an individual or a company makes. Theoretically, an operation ca