One thing I'm doing differently starting NOW to build a more profitable flower farm

Profitability is something we're all aiming for, right??? I see people do a great job of tracking revenue because let's face it, we all want to know how much we're bringing in but I see very few people who have a true grasp of the cost side - both how much they're spending and more importantly LABOR!
In this video, we talk about both but specifically on how I want to get better at tracking labor!
Links mentioned- Jenny Mark's Free Expense Record Template: view.flodesk.com/pages/64ee50...
Got questions or want to see what discussions around this topic looks like? Considering joining my Patreon. An accompanying article was published to supplement this video and now we have a private facebook group to further discuss learnings/takeaways from this video!
www.patreon.com/bareflowerfarm

[@cathykelly6002]

just watching you grow flowers brings me joy

[@tuskegeehoney]

Yes, this is reminding me I have to get organized this year!

[@gardeninggrandma5247]

You really have this down to a science!! And it should be if the intent is to run a small business vs growing flowers for your own enjoyment. When you outsource, there is always the chance that things won't get done the way you want, and that is a reflection of your business.

[@mhubertcfi]

Breaking every job into its components makes sense. One year we needed extra money and I had to work as an ag worker both with grapes and apples. ( Fortunately just for a few weeks). Nothing is paid by hour. Always by job. (You really have to hustle to keep up. Really down to a science. I love the opportunity cost of your time but. So true❤

[@nickb8006]

Interesting video.Although, unless you have an employee/employees you don't countt your own labor/time as a business expense.Revenues - Cost of revenue is correct.And then apply and deduct any tax you have to pay. Then you get your basic profit (as long as you aren't paying any additional costs such as interest on business loans), which you can then divide by hours worked in order to work out what your hourly wage would be.

[@EvelynM-vlogs]

Mark with colour, using a grease pencil or paint, the end side of your trays with the label, it is visually immediate to know which side to face outwards. It will save you a surprising amount of time not having to think about it at all.

[@jordonsflowerfarm]

What are your thoughts on how we include things like time spent on tulip education, ordering, variety research? I haven’t wrapped my head around that yet!

[@robertbates6494]

What are the spikes for in the bottom of your tulip propagation crates? How tall are they and how far apart? Do they damage the bulbs?

[@80sbreaker]

Hi just curious your english is fluent for an Asian lady were are you from just curious, I am an American born and raised in the Caribbean and never lost my Caribbean accent just a bit curious about your background

[@Chris_Senpais_Mitt]

Do you include vehicle expenses and household bills into your profitability calculations?

[@sislertx]

What kind of drone??

[@Fabdanc]

Jessie... Only you would use SOP in a flower farming video.

[@Emie-ch8bm]

This is too extensive for me. It’s more exhausting to do numbers in my mind than just grow the flowers

[@sislertx]

Ya know for groceries during trump i paid 127 to 157 per week for groceries...they are now 260 to 280 per week...the costs of bare root fruit trees doubled over night three weeks ago over night!! Dont tell me the rate is 3 percent...my math is poor but not that poor...