Business Management
ARTICLES
A growing concern in the agricultural community is the significant mental health challenges faced by ag producers. This underscores the importance of addressing stress factors and establishing a reliable support network of trusted advisers.
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Paving the way for the next generation to return to the farm
When a young professional returns to the farm they grew up on, there is a tendency to assume that the transition will go smoothly. However, for this transition to be successful, it is crucial for farm leaders to develop and execute a plan for it to happen.
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Understanding child labor violations and federal regulations
Those who employ youth in their agricultural operations should have a clear understanding of federal child labor regulations, violations and penalties to ensure compliance and youth protection.
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Equipment for buy, borrow or hire
Choosing between buying and operating your own equipment versus custom hiring involves more than just numbers. Farm size, time constraints, equipment quality and labor are key factors in the decision-making process.
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SEC’s new climate disclosure rules
The SEC adopted its final rules requiring the disclosure of certain climate-related information. The final rules eliminated a controversial portion of the proposed rules, which would have required registrants to disclose information related to Scope 3 GHG emissions, which are known as “value chain emissions.”
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How can we get more family time on our farm?
Striking a work-life balance is difficult but necessary, and to do so requires rest, help and quality family time.
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Leading a multigenerational business
If you desire to build a business that will continue for many generations into the future, your business strategy requires more planning and much greater attention to the long-term impact of every decision.
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6 strategies for tuning up your farm’s finances
Savvy producers should focus on improving financial strategies for better profits. Actions such as reviewing and updating business plans, and evaluating asset turnover rates can lead to lasting success.
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How to get those tough and tender conversations started – part two
Methods to approaching tough transition conversations have evolved over the years, and today the best way forward starts by knowing your motivation for farm transition.
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Anticipating and adapting to upcoming tax revisions
Insights on 2023 tax return changes and anticipated tax revisions post-2025, including adjustments to deductions, tax bracket and estate tax limits.
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