Farm CEO Checklist

A well-crafted business plan provides clarity, direction, and a strategic foundation for achieving long-term growth and navigating challenges.

We can’t be experts in everything. Collaborating with a team of professional advisors ensures you’re making informed decisions, safeguarding and supporting your farm’s future.

A solid risk management plan will help you identify, evaluate and plan for possible risks that may arise within your farm business.

A written commodity marketing plan can help you navigate market volatility, capture opportunities, and ensure your farm business is stable and profitable.

A regularly reviewed budget empowers you to track your spending, adapt to financial changes and make decisions that keep your farm business financially resilient.

Understanding your cost of production helps you set competitive prices, spot savings opportunities and maintain the long-term viability of your farm business.

Maintaining accurate and up-to-date financial records and regularly analyzing cash flow allows you to identify trends, anticipate challenges and make informed decisions that safeguard your financial health.

A written transition plan safeguards the future of your farm business, supports smooth succession and provides clarity during periods of change.

A written and updated will ensures your wishes are honoured, prevents disputes, and provides security and clarity for your family and farm business during transition.

A comprehensive human resources plan helps you manage your team, ensuring that roles are clear, talent is developed and your business is well-prepared for challenges and growth.

Up-to-date production records and benchmarking help you measure progress, identify areas of improvement and make informed decisions that boost your farm’s efficiency and profitability.

The right strategies represent long-term investments that pay off and make good business sense, safeguarding the business for future generations and strengthening community trust.

A written technology modernization plan ensures your farm stays competitive, adaptable to change and prepared to integrate new tools and innovations that drive long-term growth.

Key performance indicators (KPIs) provide clear, measurable insights into your farm’s operations, empowering you to track progress, optimize performance and achieve business goals with greater precision.