Family Business: For Family Farms, Pandemic’s Silver Lining – DTN Oct 29, 2020

🕔Oct 29, 2020
In business, the concept of margin implies some remaining amount of revenue or profit after accounting for expenses and is reflected in terms like “gross margin” or “profit margin.” But […]

Prepared For On-Farm Emergencies? Steps To Take – DTN Oct 6, 2020

🕔Oct 6, 2020
The number of ag workers that suffer serious injuries or die on the job each year is staggering. In 2017 alone, 416 farmers and farmworkers died from work-related injuries, according to […]

Considering New Crops Or Enterprises? 4 Points To Consider. Oct 5, 2020

🕔Oct 5, 2020
Uncertainty is pervasive in today’s business environment.  For example, corn prices have followed a roller coaster this year.  The nearby corn futures prices went from $3.90 in late January to […]

Farm Succession: Legacy Assumptions, Management Decisions – DTN Aug 25, 2020

🕔Aug 25, 2020
Many family farms and ranches have been operating for generations, their presence a seemingly permanent marker on the geographic and relational landscape of the community. They take pride in decades […]

Farm Taxes: Transitioning Out of a Partnership or S Corporation – DTN Aug 18, 2020

🕔Aug 18, 2020
I’ve had conversations with several clients recently. Because of the stress and uncertainty, they would like to transition out of farming. Sometimes, this means transitioning to the next generation, and […]

Farm Business: Pandemic-Proof Your Succession Legacy – DTN Aug 7, 2020

🕔Aug 7, 2020
Alan Hojer, a succession planning consultant, was busy before the pandemic, but calls from farmers and ranchers looking to begin or update their plan have accelerated since COVID-19 began circling […]

Ag Taxes: Limits on Deducting Farm Losses Jul 22, 2020

🕔Jul 22, 2020
The typical farming couple has both off-farm and farm income. The farming operation probably reports a loss as often as it reports profits. The loss is usually deducted against off-farm […]

Succession Planning: Don’t Forget Your Bookkeeper – DTN Jul 1, 2020

🕔Jul 1, 2020
Succession planning in the family business often focuses on the operational leader — the person directing outside activities or making decisions about logistics, labor, planting or harvesting. The theory is […]

Iowa Farm Business: Liquidity Remains a Concern Jun 29, 2020

🕔Jun 29, 2020
Despite a higher average income in 2019, Iowa’s mid- to large-size farms actually saw a considerable decrease in farm liquidity and working capital over the past year. Data from the […]

Coronavirus: Farm Readiness – Helpful Lists for an Emergency Apr 17, 2020

🕔Apr 17, 2020
We all know no one can learn the nuances of your farm quickly, like which tractor needs a shot of ether to get rolling regardless of temperature, but you can […]

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