Category: Farm Management

Matt Hasselbeck Knows His Role and Job description, Do You Know Yours?

By Dick Haney I just finished watching the wild card NFL game between the defending Champion New Orleans Saints and the Seattle Seahawks. The game was played in Seattle and the Seahawks were 11-point underdogs. In short, they just weren’t supposed to win, but they did. The turning point of the game was in the… Read more »

The Concept of Loyalty and How It Relates to Business

By Dick Haney As we started out the New Year, there were at least in my family the obligatory college football games to be viewed on January 1st. These games are part sport, part pageant and in many instances the most visual expression of loyalty that we will probably see all year. The stands are… Read more »

What Tommy and Fritz Can Teach Farm Families About Christmas

The Succession Saga – Part Four By Dick Haney, Haney Farms We heard this weekend how yet another of our brave soldiers in Afghanistan had perished in the line of duty. This is never happy news and it is most unhappy at Christmas time and all of our thoughts and prayers go out to this… Read more »

The Prince Charles Syndrome €“ What Constitutional Monarchies and Family Business Have in Common

The Succession Saga €“ Part Two By Dick Haney The Prince Charles Syndrome is an affliction that affects not only Royal Families, but potentially your family business as well. The House of Windsor (The ruling English Monarchy) is arguably one of the most successful family businesses on the planet. Although the House of Windsor has… Read more »

The Farm Succession Saga: Part One

By Dick Haney Succession, or as some call it- Sucksession, the silent killer of small business, is potentially the Ebola disease of family business longevity. I am going to approach this topic from a different number of directions over the course of a number of weeks. This topic will be analyzed and dissected from the… Read more »

Agriculture Bankers Need to Go “Old School” To Be Successful

By Shaun Haney There was a time when your banker was your friend, your confident and your advisor.  This was especially true in agriculture where farmers had a very close relationship with the man that was lending them the money.  Your banker lived in the community, he knew your business, he analyzed it, and gave… Read more »

Feeder Assoc Alberta Expands its Program to Include Equity Draws

The last seven years have not been kind to the income statement and balance sheet of the cattle feeder in Canada. With that has come a harsh reality for many small to mid €“sized feeders that were dealing at schedule one banks. Many on the schedule ones have decided to focus on the larger feeders… Read more »

Are You a Business First Family Farm? – Jolene Brown

It’s no secret or will it shock you if I told you that I think farmers are terrible at succession planning.  If most of you reflected on your own personal situations I would assume you would say that you agree.  The question that arises is, if we know this to be true, why do we… Read more »

Tax Policy is Killing the Cattle Industry with Kindness

We have lots of cows in Canadian Agriculture, but we also have some sacred cows a well. One of these is the ability to shelter income through the cash method of reporting farming  income. For those who don€™t know how this works, it is a simplistic formula whereby as long as you have more expenses than… Read more »

Swallowing Your Pride – Can Family Farms Still Afford to Be Split Up?

By Shaun Haney It has always been the practice in agriculture if more than one sibling decides to take over the family farm that the farm will be split into separate entities.  I know that in my own family’s case in the late seventies, my grandfather and his brother split the farm into two separate… Read more »

Should There Be An Age Limit on Farm Workers?

By Shaun Haney Agriculture has some untouchable topics that we are just not supposed to talk about.  One of them is dealing with aging farm workers.  On the farm we are taught to respect our elders but in some cases in agriculture we take this to high levels of absurdity.   Recently, in northern Alberta… Read more »