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.
To market yourself to potential business partners, landowners and customers, you need to have a plan. Keith Dickinson discusses a communication tool to connect the values and goals of your business to potential investors.
Many producers utilize off-farm jobs to generate additional income and procure benefits such as health insurance and retirement funding. This raises the question, particularly for smaller farms, of how to balance off-farm employment while maintaining a successful operation at home. When deciding whether you can (or should) manage an off-farm job, here’s some things to consider.
A proactive tax planning strategy isn’t about simply avoiding taxes. Rather, it focuses on paying the right amount of tax that maximizes tax benefits and minimizes tax over the long term. Farm Credit East financial services leader Doug Myers discusses what’s in his tax planning toolbox.