Posts Tagged: business planning

Before you talk to a lender…tips for beginning producers

Young farmer in soybean fields

  In some industries, new professionals might sit in a cubicle, draw a salary and let others figure out how to run a profitable business. In farming, however, new producers must figure out why they want to work long hours in fields, pastures or feedlots, how they can turn that effort into a steady income,… Read more »

Business planning is critical to success

Two farmers talking to their loan officer in the field

  Survey a random group of producers about why they chose to earn a living from the land, and many would talk about preserving family legacies, a love of rural life, or a passion for feeding a hungry world. While financial business planning most likely would rank well down on any producer’s “must do” list,… Read more »