Personal consultation at home. Very Shallow DOF. Developed from RAW; retouched with special care and attention; Small amount of grain added for best final impression. 16 bit RGB color profile. Branimir76/iStock/Getty Images

Farm families gain clarity from financial transparency

Farm Family Coach: It doesn’t mean having to share every personal expense or do away with clear boundaries in leadership

On family farms, especially multi-generational operations, being open about finances isn’t just good practice — it’s essential for business survival and harmonious relationships, Alyssa Brown writes.









Firm handshake between two farmers in silhouette at sunset. Pic: StockSeller_ukr/iStock/Getty Images

A vendor take-back mortgage will help keep a farm intact

Farm Financial Planner: The retiring sellers don’t want or need top dollar for the land, but need to limit the resulting tax liability

A retiring Manitoba couple with no farming heirs would like to see their land safely transferred to their farming neighbours. Just gifting the land, though, or selling it below market value would complicate their retirement plans.


Accounting and processing a mess of stressful paperwork. Man doing challenging work with taxes, overhead shot with zoom blur effect

Save on your farm accounting fees

Farm Family Coach: Practical tips for farmers to make meetings with accountants more efficient and avoid unnecessary costs

Farmers can reduce their accounting bills by coming prepared, streamlining records and choosing the right accountant, farm family coach Alyssa Brown writes.