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business management of logging

This edition of the Business Management of Logging (BMOL) document was written by Mark Blackburne, Blackburne Group, in 2020.
The principles of the BMOL is "To maintain productivity, financial health and goodwill in the industry. All parties involved in setting contract rates should be willing to arrive at a fair rate and have the understanding and knowledge to do so."
The premise behind this being that if parties to a rate setting process do not understand and apply these fundamental principles correctly then mistakes arise with potential for detrimental consequences to all parties involved. Or in layman’s terms “if you don’t know what you are aiming at you can’t hit it”!.
While this costing process provides the foundation for a successful contracting business, built upon that foundation are other skill sets and knowledge required. Living up to its “Business” title BMOL covers a range of other business skill sets. In particular greater attention is now provided to financial management processes and the tools now more widely available to assist.
On the other side of the equation, with the passing of time and development of other resources it is recognised that Health and Safety/Environmental issues while essential technical skills are more appropriately addressed separately through the many resources available. Recognising these separate specialist areas those chapters have now been focused on directing readers to more appropriate resource areas.
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