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Columns

Four Approaches To Valuing Sweat Equity

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A common challenge that we encounter in succession planning is the concept of sweat equity and the opinions vary as widely as to the definition of it. Recently one old codger that we began working with put his opinion very bluntly. He summarized it as follows, Boys, if you can t prod it or poke […] Read more
Farm Life

Feeling Guilty For Not Having Meetings?

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Many farm families are feeling a deep sense of guilt knowing they should be having business meetings, but they just don t seem to get around to it. The key factor is understanding why you need to meet. ” Family council to explore how the family operates. ” Succession planning. ” Estate planning: wills, inheritance, […] Read more
News

Farm Success Built On Avoiding The Icebergs

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Andrew DeRuyck believes good farm management and realistic planning are essential to sustain growth and make farms more resilient to changing conditions and markets, and it s quite apparent he practices what he preaches. The way Andrew and his wife Tanis have handled change, to diversify and strengthen their own farm operations, played a large […] Read more
Farm Life

Gratitude And Understanding

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Even though the aroma of turkey soup may have vacated your home, you likely can still recall the warm feelings of having folks express what things they were thankful for in 2011. People come in all sorts of colourful characters, but as a coach I ve seen amazing things happen when one person expresses appreciation […] Read more
Farm Life

Don’t Even Think About Not Dating Your Mate

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This past August as I was celebrating my sister s milestone birthday in New York City I came across the parking sign which read, Don t even THINK of parking here! That pretty much sums up the attitude of folks in the Big Apple. In the past year I ve met with some disappointed men […] Read more
Farm Life

Why Farmers Love Carrots

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Tomorrow at the farmers’ market I hope to find some garden-fresh carrots, seeing how my garden this year is one big patch of compost. Farmers love carrots don’t you know? They dangle one for years in front of the next generation, so to keep the young folks guessing when they will become part owners, and […] Read more
Columns

Hiring The Rest: Who Can You Afford To Pay?

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In this day and age, the skill set demanded of farm managers is tremendous: financial management; strategic planning; accounting; agronomy; human resources; marketing; information technology management and support; equipment repair, the list goes on. There is no one manager out there that fits the bill on all accounts. Not to worry, there is no end […] Read more
Farm Life

Get Mom This Book For Mother’s Day

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Mother’s Day is only about a week away, but you still have time to get her the book she needs. I have done a lot of work this winter with women and money seminars and “Who gets the farm and when?” sessions with farm families. Here’s what I have observed: People are overwhelmed by the […] Read more
Columns

How To Use Partial Budgets

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As you work on final revisions to yield and input cost projections and tweak cropping plans, I hope you also have your total farm operating budget prepared for the year and your operating credit needs identified and secured. These are typically annual and sometimes tedious tasks, but as a farm manager your financial decision making […] Read more

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