Reading Time: 5 minutes Wheat fields in New Brunswick, Canada.
Risk management for the farm means considering people, too
The idea of human-centred risk management for family-owned farm operations might not be well known — but it should be
How to grow a finance team for your agribusiness
Building the finance team for your agribusiness requires the right mix of processes, technology and people
Reading Time: 3 minutes Typical growing pains for an agribusiness include managing the overhead of accounting and finance. I like to think of the operations and sales team as the invading army — looking to conquer more acres, market share and revenue. Meanwhile the accounting and finance team functions in a supporting role as the supply lines, providing current […] Read more
Finance 101 – What is a business plan?
There’s more at stake this winter, and more than ever to gain
Reading Time: 5 minutes A business plan is like a road map for your farm. You can plan your route, set a destination and track progress. But without a map or a plan, how does a farm business owner know what success looks like, or even what you’re capable of achieving? Or, most importantly, how do you know when […] Read more
Having the right (business) stuff for your farm
For farmers like Jennifer Peart, upping their business game takes real discipline. The good news is the pay-off makes it very worthwhile
Reading Time: 5 minutes It’s less true than it used to be but it’s still safe to say that few of today’s farmers got into farming because they love business management. Instead, it’s the production side of agriculture that drew them in. It was their passion for growing and raising food and working with soil, livestock and equipment. Still, […] Read more
Summer Series: Preparing a business plan for your farm
[Change Management] Whether the change you’re looking at is big or small, the experts insist a business plan will make it more successful
Reading Time: 5 minutes A business plan is like a road map for your farm. You can plan your route, set a destination and track progress. But without a map or a plan, how does a farm business owner know what success looks like? Or what you’re capable of achieving? And, most importantly, how do you decide which changes […] Read more
Summer Series: Building a better farm business
[Best Advice] Is Trish Fournier creating the new template for how Canada’s farms will inject cutting-edge financial skills and strategic business acumen into their mid- to large-size operations?
Reading Time: 7 minutes Hiring farm business advisors isn’t a new concept, but the creative ways some of them are approaching consulting is worth a second thought.– April Stewart, CG Associate Editor Today’s farm operations are growing ever more complex. There are crucial production, financial, human resource, marketing and other management decisions to be made, and it is impossible […] Read more
Summer Series: A practical guide to writing your farm business plan
[Best Advice] This eight-point plan can help put you on the right path
Reading Time: 6 minutes Farm business planning is always a popular topic of discussion among advisors and management gurus. But statistics still show a slow uptake by farmers. Those using a written business plan, however, are reaping the benefits. Follow the eight steps below to get started.– April Stewart, Associate Editor. If you’re an avid Country Guide reader, you […] Read more
Realizing the good idea
Everyone wants a chance to do something good for their community. How do you make that happen? Here is FMC’s plan
Reading Time: 5 minutes Countless surveys show the same results. The world has changed. In today’s post-Covid-19 times, we all want more. Or, to put it more accurately, we all want to do more. If you aren’t keeping up on the field called corporate responsibility it might be a good time for a long, hard look in the mirror. […] Read more
Win, win, win
These companies have found the recipe. What ideas can you borrow?
Reading Time: 6 minutes Like clockwork every May there are big headlines and even bigger press releases from the winners when Deloitte Canada releases its list of the country’s best managed companies. Deloitte’s accolade has to be earned. It takes more than a healthy bottom line. Businesses have to be robust, and resilient. To sort the winners from the […] Read more
Be your own futurist
Futurology: Forward-thinking farmers and experts aim to predict future changes for Canadian ag
Reading Time: 6 minutes If the past few years have taught us anything, it’s about how many of us get so much about the future so wrong. Change happens quickly and you need to adapt fast. Maybe you scrambled for extra labour when someone on your team caught COVID-19. Maybe you sold cattle when consecutive drought years increased feed […] Read more
A message from April Stewart, Country Guide's Associate Editor
