Agribusiness Blog

Agribusiness Blog

Farm CPA Today
  • Super Bowl of Farming

    The Super Bowl of Football is coming up in about two weeks. I have always thought that the game of football has many similarities to the business of farming. During the off and pre-season, the team is acquiring talent based upon their needs and goals for the upcoming season. As farmers, during this off-season, we […]

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  • The Rule of 72

    During several of meetings with clients during each year, a client will ask me a question about how much money they will have in a number of years. Sometimes, for fun, I will try do this in my head and I will generally be very close. For example, they will state they have $100,000 to […]

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  • Down Time is Go Time

    This time of year for most farmers is a period of down time. There may some crops that are planted, but dormant. Some farmers spend time maintaining their equipment for the new year. I think this time is what I call “Go Time.” This is the time to: Prepare and review your operating budget for […]

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  • Communicate, Communicate, Communicate

    The old saying in real estate is that the only three things that matter are location, location, and location. To me, the three things that matter most in succession planning is communicate, communicate, and communicate. Verbal communication between each of the generations involved is the important first step. What does the generation passing on the farm want […]

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