Real Agriculture
Knowing where you’re at as a business is a critically important component in making good business decisions. Building a financial dashboard gives you one of the most singularly important tools to be able to do that. A financial dashboard gives you a quick overview of the financial history of your business. It gives you a [...]
Choosing financial software for your business is a custom fit kind of operation. There are a number of things to consider when you make that choice that are uniquely tied to your business, allowing you to expand and grow without having to switch programs. Ideally, your software should be as customizable as your business. With [...]
Of all of the aspects of a business that have to be managed, human resources can be the most challenging. The needs and the dynamics involved in managing human resources are unique to every business and have to evolve as a business grows and changes. For many farmers human resources can suck the life out of running [...]
When it comes to succession planning, one of the most difficult things to do may be just getting the conversation started. No other topic can get defences up, arouse suspicions or cause divisions like the topic of succession if it’s not handled correctly. Having a pure business discussion with your parents or kids easily crosses the family [...]
Have you ever been to a farm meeting and there is a speaker talking about the cost of production? Do you ever feel like they are speaking no different than the teacher in Charlie Brown? Farming is business and businesses need to know their cost of production. Guessing your cost per acre is just not [...]
Have you ever heard the saying, “hope is not a plan.” This is a great saying that is very applicable in agriculture. It is very critical to ensure that you are creating the proper roadmap. This should include projections on production, prices and yields. This also includes plans for capital expenditures in the coming year. [...]
Farming is a unique business. It involves every aspect of business you can imagine from shovelling to marketing. It’s that diversity that can make successful farming a challenge. Many farmers may be good at one or two aspects of the buiness but not so good at the others. This can have devastating consequences if you’re trying [...]
Recent Comments