New requirements for entities to file their ownership records, top stories from the past year, small farm ideas, machinery transfer strategy, and turning cost centers into profit centers.
Tips for farm goal setting, ideas for properly budgeting for your operation, thoughts on if you're in a bind and can't make debt payments, and a mini-side hustle idea.
This week we explore an article from 1986, showcase upcoming events, review tax law changes impacting farmers, do some basic math for a 6-plex, and discuss Farm Business Advisory Boards
Estate & Investment plans; a 7 year will battle; strategies to transfer machinery; and questions to ask your ag lender.
A summary of the second and third of the five essential plans for Whole Farm Planning; a look at premarital agreements; USDA Cost of Production; and year end tax tips.
We're halfway through our Whole Farm Planning series, talk a bit about loan balloon payments, the economics of grazing corn stalks, and more.
Part 3 of our dive into whole farm planning takes us to look at individual assessment and business analysis. Also, use the Known Unknown framework to assess risk and track your financial ratios.
One of the key components of whole farm planning is understanding the dynamics of the farm family. Also, accrual vs market balance sheets and the do's and don'ts of business partnerships.
An introduction to the five essential whole farm plans, comparing the various FSA Loans, what should be included in your LLC Operating Agreement, headlines, and more...
Breaking down some livestock services as side hustles, how to make money catching barn pigeons, what's a life estate, exploring the 5 phases of farm transition management, and more...
Another ag-adjacent side hustle breakdown, an explanation of an option to purchase farmland, considerations for a livestock production contract, and more.
This week we're looking at custom work and helping hobby farms for our ag-adjacent side hustles, formulating a list of costs for calculating breakevens, and more.
