I've always been a believer in a lot of small entities instead of one big one. It allows you to be diversified and even if one goes down you have several that won't.
We have several medium sized contractor jobs, if one goes bad the other 8-9 will cover it. If we only had one huge job and it went South it would take the company with it.
My dad used to be in custom cutting, hogs, cattle, grain, and hay on the assumption that they couldn't all go bad at once (though every once in the while they did) but it also kept him from getting to big in any one area.
Kansas used to have over a 100 school districts each with their own tax base and budget system. The state took it over and now it distributes funds based on an impossible formula per student. In past years a school district or two would screw the pooch and over run their budget but the the rest would be fine. Now if the state runs short on funds every school district in the state feels the pain.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
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