Farming is one of the most rewarding professions, but it is also one of the most unpredictable. From volatile markets to extreme weather events, agricultural operations face a wide range of risks that...
Family farms are more than just businesses, they are legacies, lifestyles, and often the heart of rural communities. As such, ensuring their continuity across generations requires thoughtful and...
Your farming operation, regardless of size, should be displayed using both an entity and organizational chart showing the hierarchical structure. The charts show the ownership structure and the...
There are multiple types of planning that take place within a business. When thinking of planning, attention often goes directly to financial or business planning. Strategic planning is another...
Do you know what year your farming operation started? Do you know the name of the individual who started your operation? Do you know the biggest struggle or success past generations faced while...
Anyone in the cattle business knows that the last couple of years have been some of the most profitable our industry has ever seen. A combination of factors have led to this situation and we will take...
Please be aware that the following information provided are recommendations however, every business or family dynamic is different and adjustments may need to be made. On most farming operations there...
Job descriptions are important communication tools for both functional and legal reasons. Although no state or federal law “requires” a business to have job descriptions, here are some reasons why you...
When it’s time to buy a tractor, excavator or loader, the first question you might ask is: “Do I buy new or used?” There can be advantages to both, and while your answer largely depends on your own...
Buying used equipment for your operation is challenging. You searched everywhere, but could not find what you were looking for at a price you were willing to pay. Finally, you heard that a farmer in a...
