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Enterprise analysis is critical in determining profitability. Analyze costs, revenues, time commitment and how the venture relates to other farm enterprises to generate an accurate picture.

While inflation and interest rates may be out of your control, understanding the risks can help mute their effects on your business.

Accountants do more than just taxes. In tandem with good records, they can help you make decisions that more accurately reflect the realities of your farm business.

Separating business expenses from personal costs is critical to financial preparedness, but living on the farm creates a unique challenge. These tips will help ensure you know your costs.