Farm balance sheets are under pressure this year, and the storm may not just come from the weather.
Tag Archives Blake Copley
Disciplined risk management not just useful, but essential
Strong farms will proactively assess risk and take action to protect their business
By making risk management a proactive priority, farms can safeguard their future and seize opportunities that might otherwise go unnoticed.
Financial benchmarks play key role in a farm’s success
Many farms and ranches that come to my team often ask a similar big question: How can they get more out of what they already have? They know something isn’t quite right with their operation, but they’re unsure what it could be or where to begin. All around them, challenges arise — whether it’s finding […] Read more
Telling lenders a good farm story can help access capital
In an era in which agricultural markets can turn on a dime, securing reliable and affordable financing has become a critical challenge that can determine the success or failure of a farming operation. Access to capital is the cornerstone of a thriving farm, whether producers are looking to maintain cash flow, upgrade equipment or plan […] Read more
Peer power and professional precision can lead to success
In the dynamic and fast-changing world of agricultural production, successful farm management increasingly relies upon a combination of traditional wisdom and innovative strategies to improve business results and viability. Across the industry, farm management consultants are providing expert advice to farms on optimizing operations and financial and resource management. They’re helping to improve efficiency, profitability […] Read more
Variety of factors go into determining an asset’s worth
In my many years of work helping farm families to enhance their businesses, I often am asked questions such as, “how can I justify paying the currently high market prices for (insert agricultural asset here) to be able to grow or maintain my operations?” or “how are others able and willing to pay such high […] Read more
