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.
Higher interest rates are starting to take a stranglehold on the economy.
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.
Before you make an expensive equipment investment, weigh your options to buy or lease carefully.
Learn how to calculate your cost of living to help you manage any expenses that come your way.
Higher interest rates and demand shifts can have a material impact on a businesses’ bottom line.
What you and your family need to consider to successfully transfer equipment in a farm transition.
In this episode, Marty and Dave Semmelink talk the pros of leasing, adding value to your operation, seizing opportunity and staying true to yourself through it all.
Learn the psychology on how we view money and understand it better to make smart financial decisions.
Learn how to think about saving and investing differently and why you should diversify how you spend – and protect your cashflow.