Profitability in goat production

Overview

Profitability is the key to successful commercial goat enterprises.

This eLearning package provides information for commercial goat producers on the importance of understanding profitability, the role profit plays in determining the long-term economic sustainability of commercial goat enterprises, and how to calculate and influence your cost of production.

Learning objectives

After completing this package, users will:

Understand the role of profit in a commercial business.
Understand how to calculate an enterprise’s gross margins.
Understand how to calculate an enterprise’s cost of production.
Be familiar with MLA’s Cost of Production calculator.
Understand the record-keeping that is critical to achieving a meaningful analysis.