Business Management
Consistent farm records, financial ratios, farm trend analysis and peer comparison are some of the tools that can help producers evaluate their financial situation.
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Understanding ASC 842 leases: A guide for dairy producers
This new standard introduces significant changes to the way leases are recognized and measured, impacting financial statements and disclosure requirements.
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Train your next feeder for excellence
When training feeders who influence both the largest cost and the largest source of income on the dairy, you want to make sure to set him or her up for success.
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Why you need to build your personal wealth bubble
Building wealth beyond the farm assets provides flexibility for living expenses and transfer of wealth to non-farm heirs.
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You can farm, but you also need to manage your financials
Good financial management includes utilizing a timely and accurate balance sheet, an accrual-adjusted income statement and a cash flow statement.
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Lack of workforce development puts farms at a competitive disadvantage
Coaching and understanding employees' personal growth interests are two ways to start improving workforce development on your farm.
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