Top Producer
Proper farm insurance, which can include property insurance, general liability insurance and workers compensation, provide large operations with protection and peace of mind.
The rural economy keeps chugging along, according to the Creighton University Rural Mainstreet Index. For the ninth straight month, the RMI has stayed above growth neutral.
President Joe Biden’s tax plan has both good and bad news for farmers, says Paul Neiffer, a CPA and principal with CLA and author of the “Farm CPA” blog.
Take a high-level assessment of your strengths and weaknesses.
Business growth can mean more acres, employees or revenue. What does it mean to you?
The difference between strategy and serendipity is small when you are prepared.
Open communication and succession planning help farm families maintain profits and healthy personal relationships.
Understand the cyber risks you face — and how to reduce your exposure.
Deferred grain contracts are helpful tax planning tools. Unfortunately, farmers often skip a vital step.
There’s no one better to provide a realistic and informative take on tax planning than Paul Neiffer, principal with CLA and author of “The Farm CPA” blog.
Here’s how you can avoid committing these harmony-harming mistakes.
What is the best way to fill current and future labor needs on your farm? Never stop recruiting.
Move your succession plan forward with collaborative experts.
China contains the largest population of any country in the world. All those mouths drive demand across the globe and for your farm’s products.
The power of encouragement on your farm is massive, says Bob Milligan, senior consultant at Dairy Strategies.
You are likely making plans for seasonal help. If that team includes children or grandchildren, you might want to consider setting up a custodial Roth Individual Retirement Accounts (IRAs) for them.
Collect and analyze the best financial data to aid decisions on your farm operation.
Trouble continues in the rural economy. Rural bankers point to the issues causing uncertainty ahead.
How can you reward team members for good work, increase employee retention and achieve your operation’s goals? Consider implementing an incentive pay system to reward your farm employees.
To commemorate his 60th trip around the sun, Duane Hansen set a new world record.
You’ve heard the horror stories. The ones about farm families who spend months in court fighting over assets. The result? A destroyed business and fractured family. Why does this situation play out over and over?
Ensure your farm business attracts and retains employees
“Most farms don’t have the time, capabilities, perspectives, resources or desire to do all the tasks it takes to run an operation,” says Steve Kluemper, AgriStrategies LLC founder. “A lot of growers hire to fill gaps.”
In your will or trust documents, you name a power of appointment. This means you grant power to an individual to name recipients of all or a portion of your money and property in the future.
How do you set your farm on a profitable and exciting trajectory? Surround yourself with smart people, and then give and take.
“You can begin at any point in the year, but the power of this is that by improving yourself first, others follow,” says Mark Faust, president of Echelon Management.
The first step to winning the war for workers is to keep your star employees happy. Here’s how three farmers retain and attract employees.
Instead of writing down these big audacious goals, Jon Acuff, an entrepreneur, speaker and best-selling author, has better advice: Set micro goals.
Could agriculture face a Southwest-type meltdown?