Risk Management and the Row Crop Farmer
The writers of Seinfeld thought the field of risk management was obscure enough to serve as the foil for George’s pathetic career efforts. I..
Read More
Why Current Ratio Is Important in Agriculture
Current ratio is a curious metric in production agriculture. Sometimes it seems like it is the banker’s most important financial ratio; othe..
Read More
How to Conduct a Mid-Year Farm Budget Checkup
A budget is the farm owner’s plan of action. Without a budget, the owner is literally shooting from the hip when it comes to trying to plan ..
Read More
Beef Enterprise Accounting
What’s the current state of your farm accounting? Are you using appropriate systems for your beef production? Depending on the type and purp..
Read More
Can Your Farm Secure Financing If 2020 Is Another Tough..
It seems that each year throws new challenges at farmers, and 2020 is looking to be no exception. Every farm business is individual, and con..
Read More
Payroll - How To Properly Set It Up
For many farm businesses, payroll is a big segment of their operation, which is why it’s good practice to review your payroll material every..
Read More
Loan Application: Challenges & Preparation for Success
As you are applying for new operating loans or new term loans with your current lender(s) or a prospective new lender, do not be surprised i..
Read More
Interest Expense Ratio—How Is It Calculated and Why Is It..
What is the interest expense ratio? For the purpose of this discussion, the interest expense ratio is calculated by dividing your business’s..
Read More
5 Things for Farmers to Consider During the 2019 Tax..
As the 2019 tax season quickly approaches, the main focus of most tax preparers and practitioners is meeting with clients to properly plan f..
Read More
What Is the Operating Expense Ratio and Why Does It Matter?
“Efficiency is doing things right. Effectiveness is doing the right thing.” – Zig Ziglar
Read More
What Is ATO, Why Is It Important,  & How Does It Impact My..
Your farm needs productive assets. Agricultural businesses utilize a variety of assets: land, buildings, equipment, vehicles, grain inventor..
Read More
Preparing Agriculture Financial Statements
What’s your current process for producing farm financial statements? Preparing financial statements is a critical task for the success of an..
Read More
Why All Family Members Should Be Involved in Farm Financials
Is it actually important for everyone in the family to be in on the farm’s financials? Not everyone feels they have a “head for numbers” or ..
Read More
How the New Tax Law Changes Will Make Planning Critical in..
Year-end tax planning will be critical for most taxpayers, including those who haven’t done planning in the past. The new tax law changes ar..
Read More
Bundling Accounting and Financial Services With..
   
Read More
Farm Financial Processes—Tips from the Experts
Financial Processes to Make Your Farm More Efficient and Profitable Financial processes are the means by which an organization’s resources a..
Read More

More Posts

New Call-to-action