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.
Working long days and still having to process payroll can be burdensome. You may find yourself rushing through the process because you have other business tasks to complete or family to take care of. There may be days you feel overwhelmed by having so many tasks on your to-do list that payroll simply slips your mind. That’s where we can help.
Estate and succession planning is a topic that is too often put off. But the cost to putting it off can be huge, and it puts the future of your family’s farm legacy at stake! To avoid an unexpected financial burden, let’s identify the hurdles that stand in the way of getting started and five key steps to getting a plan in motion.
In a nutshell, the outlook for the northeast forest products industry is stable for timberland owners, good for lumber markets, and fair to poor for residuals and biomass. Take a look at how housing starts, exports and energy markets are impacting the northeast forest products industry.