Tag: Backswath Management

Farming is a Changed Game — Terry Betker on Measuring Your Farm’s Success

What’s your farm’s liquidity? If you know, do you think it’s enough? Could you be missing out on opportunities because of a lack of liquidity? Access to working capital, or liquidity, is just one measure of a farm’s business that can be an indicator of how competitive a farm can be, says Terry Betker, president and… Read more »

Crop Connect ’16 — How to Meet the Needs of Retiring AND Succeeding Generations

There’s a balance that must be struck in any farm succession plan. Mom and dad (the retiring generation) need enough money to retire and enjoy what they’ve earned, while the succeeding generation needs to start with enough to maintain a viable business. As Jacquie Gerrard of Backswath Management explains, farm succession conversations should start with figuring out… Read more »

5 Things Young Farmers Want Their Parents to Know

In the day-to-day operation of a farm it can be a challenge to set aside time to chat about what the next generation expects in taking over the business. “Hey Mom/Dad/Uncle… I want you to know this is important…” sort of discussions are important because they help establish expectations, which are needed to begin a successful generational transition. So… Read more »

MYFB — Ep. 2: Do you Manage by Instinct or Analytics?

Mind Your Farm Business (MYFB) is a 12-part audio series exploring a wide-range of farm business management topics. Featuring thought-provoking leading experts in an engaging format, MYFB is brought to you by RBC Royal Bank. You can find the full series by tapping here. How many times have you let your gut make a big… Read more »

Where do You Go From Here? Tips for Planning the Next Phase of Your Farm

Have you recently taken over the farm? Or are you about to begin the hand-over to the next generation? Or, just maybe, your New Year’s resolution was to up your farm business management game. Whatever your reasons, Jacqueline Gerrard, of Backswath Management, will be presenting some top management tips at Crop Connect ’15. The second… Read more »