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<blockquote data-quote="Chuck" data-source="post: 45888" data-attributes="member: 579"><p>Eric- My first post was kind of wisea$$ and I apologize for that. My point was that given your sales of 100 calves at the salebarn price you gave of 600.00 your income of 50-60K implies 100% profit. Even if you were able to sell nearly 1 calf for every cow,your gross sales would be $120,000 before deductions. I don't know what business you are in now,but even if you are debt free you still have overhead and just the normal everyday cost to be in business. Also consider the opportunity cost of having the money tied up in a business that is only semi-liquid and driven by a market that is completely out of your control. I am not trying to be a downer but as Cattle Gal and others said there is a lot to consider and better to be prepared than find out later your assumptions didn't work out(voice of experience on the bad assumptions part!) Good Luck to you-Chuck</p></blockquote><p></p>
[QUOTE="Chuck, post: 45888, member: 579"] Eric- My first post was kind of wisea$$ and I apologize for that. My point was that given your sales of 100 calves at the salebarn price you gave of 600.00 your income of 50-60K implies 100% profit. Even if you were able to sell nearly 1 calf for every cow,your gross sales would be $120,000 before deductions. I don't know what business you are in now,but even if you are debt free you still have overhead and just the normal everyday cost to be in business. Also consider the opportunity cost of having the money tied up in a business that is only semi-liquid and driven by a market that is completely out of your control. I am not trying to be a downer but as Cattle Gal and others said there is a lot to consider and better to be prepared than find out later your assumptions didn't work out(voice of experience on the bad assumptions part!) Good Luck to you-Chuck [/QUOTE]
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