A Team Approach to Dairy Expansion Jim Leverich Agricultural Agent UW-Extension Dennis Deitelhoff Farm Business Instructor Western Wisconsin Technical College.
Download ReportTranscript A Team Approach to Dairy Expansion Jim Leverich Agricultural Agent UW-Extension Dennis Deitelhoff Farm Business Instructor Western Wisconsin Technical College.
A Team Approach to Dairy Expansion Jim Leverich Agricultural Agent UW-Extension Dennis Deitelhoff Farm Business Instructor Western Wisconsin Technical College Here is where it all started Why a team approach? • Two Heads are Better than One, and so on. • Limited Capital Expansions require a great deal of prioritization. Teamwork Planning Process Items • • • • • Mission Statement Business Plan and Cash flows Building and Feed Storage Plan Management/Consulting Plan Labor and Management Plan Mission Statement • Producer/Family Need to develop realistic Mission Statement • Team approach helps people see several view points • example: conservative/aggressive Business Plans and Cash Flows • • • • • Current Cost of Production Cash Flow Projections Financing Plans and Options Cash Management Plans Line of Credit Needs Building and Feed Storage Plan • • • • • Utilizing Existing Buildings Milking Facility Future Building Growth Feed Storage Manure Storage Options Management and Consulting Plan • • • • • Nutrient Management Plan Cropping Plan Animal Health and Management Expansion Plan Consulting Team Plan Prioritization of Spending • • • • • Cows Milking Facility Updated Freestall Facilities Feed Storage Facilities Manure Storage Farm Tour Rambling Contours Dairy Here is where it all started Original 64 Stall Barn Original Barns and New Addition Machine to Commodity Shed Conversion Feed Storage Pad Transition Cow Area Manure Storage New Barn Feed Alley Area For Present Growth