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<blockquote data-quote="Aspiring Peasants" data-source="post: 7846451" data-attributes="member: 198"><p>Is the loss not negative cash flow rather than a trading loss. i.e. you still have the value of the equipment, breeding stock etc on your balance sheet and with the way prices have gone they will probably have gone up in value?</p><p></p><p>Our accountant told us we'd made quite a reasonable profit last year but cash flow did not reflect this as it got spent on better breeding stock, and machinery because I couldn't help myself <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite18" alt=":LOL:" title="Laugh :LOL:" loading="lazy" data-shortname=":LOL:" /> </p><p></p><p>As for the OP's question. There is no substitute for experience, then base your plans on what you have learnt, personal preferences and what land/buildings you can acquire. Listen to other people but keep an open mind because everyone has their own take on things and there are many different systems that work not just one. Also be wary of taking advice from people who are trying to sell you something<img class="smilie smilie--emoji" loading="lazy" alt="🤫" title="Shushing face :shushing_face:" src="https://cdn.jsdelivr.net/joypixels/assets/6.5/png/unicode/64/1f92b.png" data-shortname=":shushing_face:" /></p></blockquote><p></p>
[QUOTE="Aspiring Peasants, post: 7846451, member: 198"] Is the loss not negative cash flow rather than a trading loss. i.e. you still have the value of the equipment, breeding stock etc on your balance sheet and with the way prices have gone they will probably have gone up in value? Our accountant told us we'd made quite a reasonable profit last year but cash flow did not reflect this as it got spent on better breeding stock, and machinery because I couldn't help myself :LOL: As for the OP's question. There is no substitute for experience, then base your plans on what you have learnt, personal preferences and what land/buildings you can acquire. Listen to other people but keep an open mind because everyone has their own take on things and there are many different systems that work not just one. Also be wary of taking advice from people who are trying to sell you something🤫 [/QUOTE]
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