Reading Time: 3 minutes It didn’t take long in my accounting career to learn that farmers don’t like paying income tax. No one does really, but farmers seem to have a particular disdain for sending money to Ottawa. I think there are a few reasons for this. One is cash basis income tax treatment which means farmers can often […] Read more
Why do farmers hate paying taxes?
VIDEO: How to go from managing to mentoring
Summer Series: How you lead matters. Subtle but powerful shifts in your leadership style can make a world of difference to your employees and, consequently, to your farm business
Reading Time: 2 minutes There’s a moment every leader remembers: that moment when someone looks at them differently. Not because of what that leader did, but because of how they did it. That’s mentorship. There have been a few times in my career where I’ve had glimpses of a true mentor. Those moments stand out. But the most impactful […] Read more
Great farm leaders have dirt under their fingernails
Summer Series: Agriculture has had its share of great leaders. But what happens to the industry when the leadership pool starts to dry up?
Reading Time: 2 minutes I don’t believe that leaders are born. I believe they are made. I also believe that we are on the cusp of losing a significant amount of leadership in agriculture. Canadian and U.S. farmer demographics indicate that approximately 65 per cent of the industry is in the exit strategy stage. We are about to lose […] Read more
Alternative financing options to cash flow your farm business
These days farmers have a lot more options when seeking alternative lending arrangements for farm business projects
Reading Time: 7 minutes As land values and input costs continue to rise, alternative lending is becoming more common. Farmers are looking for more creative and flexible options to finance their business expansion, transition or diversification projects. Country Guide explored some of the options available with the proviso that there is no one-size-fits-all-solution, just as there is no one-size, […] Read more
Alternative lending options for farm businesses
Previously often perceived as a last resort, alternative lending options can help farm operators navigate short-term challenges and get back to their long-term plan
Reading Time: 6 minutes Alternative lending has had a bit of a bad rap in the past. Alternative lending is a term for non-traditional methods or channels that finance businesses outside of the traditional finance system, such as banks. The past decade has seen an increase in the number of alternative financing options designed to meet each farm operation’s […] Read more
What is work worth?
Women’s work in the ag industry has long been under-recognized and undervalued. Has the industry finally advanced its collective thoughts and actions around this idea? Some experts say ‘yes’
Reading Time: 7 minutes For Tara Sawyer, the term “farm wife” has always been a point of pride. Sawyer, who farms with her husband, Matt, in Acme, Alta., always felt the term signifies partnership. “I have always taken great pride in calling myself a farm wife. I am a farm wife, and I’m a stay-at-home mom, and yes, I […] Read more
Beliefs your farm could be better without
Why don’t farm transition plans advance over time? Usually because families fall into one of these thinking traps
Reading Time: 3 minutes Beliefs, or “the rules we live by,” deeply influence our choices and assumptions. They show up in our day-to-day lives and we treat them as respected “facts,” when that may not be the case. We tend not to question or consider whether these beliefs are true. These rules are often learned in the household in […] Read more
Formalize the family farm with shareholder agreements
Reading Time: 3 minutes What if everyone in the farm business could lay out their expectations and at the same time determine what is expected of each to make the business work? And what if you could also design a road map for how each person exits the operation or buys out other parties? A shareholder’s agreement is an […] Read more
A guide for farm growth
Vision statements are more common on today’s farms. How can creating one help you?
Reading Time: 6 minutes Why does your farm need a vision? To Jeannette French and her husband Brian, co-owners of Lennox Farms in Melancthon, Ont., the answer is simple. “No matter your farm size, a vision is something that drives you every day. It’s born from your values and is the backbone of what you believe.” Six years ago, […] Read more
In the combine
Syngenta leader Jeff Rowe talks about being prepared for leadership and the importance of listening to people
Reading Time: 3 minutes Jeff Rowe, CEO of the Syngenta Group, doesn’t often get home to his farm near Princeton, Illinois. He’s usually operating from his base in Basel, Switzerland, instead. But when he does get back to the Midwest, you might catch up to him running a planter in the spring or the combine in the fall, just […] Read more
A message from April Stewart, Country Guide's Associate Editor
