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20
Oct

Five Things to Consider when Starting a New Ag Business

October 20, 2020

By: Samantha Stoddard

Understanding the opportunities and obstacles before beginning a new business is key to success. FarmStart advisor Samantha Stoddard dives into critical questions entrepreneurs should ask themselves before making the leap.

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Posted In: Business Tips and Tools

Tags: FarmStart, business management, business planning, risk management
15
Oct

Happy 'Get Smart About Credit' Day!

October 15, 2020

By: Jason Hoagland

Today is Get Smart About Credit Day! Senior Loan Officer, Jason Hoagland, prepares you for the loan application process by going over the 5 Cs of credit: Character, Capital, Capacity, Conditions and Collateral.

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Posted In: Business Tips and Tools

Tags: balance sheet, business management, cash flow, expenses
12
Aug

Fly the plane with your eyes open — and see the landing strip through good recordkeeping

August 12, 2020

By: Christopher Anderson

Good records are not complicated, but they do require attention, commitment and education. We might not understand how to keep accurate books, Chris Anderson encourages businesses not to clear away the fog and help your business see the landing strip ahead.

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Posted In: Business Tips and Tools

Tags: consulting, record keeping
10
Jul

Understanding Producer Price Differential on your Milk Check

July 10, 2020

By: Gregg McConnell

The dairy industry has been impacted by many factors during COVID-19, but perhaps the largest is the uncertainty in milk price. Gregg McConnell explains some basics about milk price, Producer Price Differential and producer premiums.

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Posted In: Business Tips and Tools

Tags: dairy revenue, dairy, economy, farm revenue, risk management