Tracking business helps with FFA competitions
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About the time he started high school, Lance Huftalin decided to take an interest in the family business. He began farming a 15-acre field to sell the grain for animal feed, investing the profits in a dozen sows that he now breeds and sells to Hormel.
Huftalin has carefully documented every step along the way.
“Keeping a record book in an operation like this or any business really, is a good way for you to keep track of where your time and money go,” he said. “It’s also a good way to become involved in the competitive aspects of the FFA.”
Huftalin is using his record book to compete for a state title in Swine Entrepreneurship. Lance won the section in February and then won the District competition on March 8.