"During the Ranching for Profit School, we focus on the economics of the 'operating business' and not the 'land investment.' The operating business must rent the land at fair market value from the land investment for the agricultural use. In other words, the cows don’t get to graze the ranch for free ... Honoring that value in your decision making will reveal if the cows are profitable or if your increase in net worth is only coming from land value appreciation. This separation can lead to some confusion between an enterprise and an entity ..." https://conta.cc/3wSl1WL #ranching4profit #agriculture #businessplanning
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What sets our CEO Stuart Campbell apart? Stuart isn't your typical accountant; he's a farmer at heart. This unique blend of hands-on farming experience and financial expertise allows him to understand the challenges and opportunities facing the agricultural sector from a very personal perspective. He knows firsthand the impact of economic changes, the importance of sustainable practices, and the value of legacy in the farming community 🚜 #WheelerCampbell #Feilding #Accountant #Accounting #BusinessAdvisory #Advisor
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4 powerful statements in family transition: 1. Thank you 2. I love you 3. I forgive you 4. Will you forgive me? Credit to Lance Woodbury for sharing these during a recent farm transition training. Working together as family in day-to-day business can certainly have it challenges. As farm business consultant's, sometimes its 'pull at your heart string' examples such as these that define ultimate success. Words certainly do matter. #agriculture #farmers #familyfarm #legacyplanning #farmraised ----------------------------------- Hello, my name is Mike Downey & I've worked with farmers, landowners & their advisors the last 24 years. I'm passionate about helping farmers & ag professionals grow, diversify & transition their family legacies.
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Succession planning on a family farm is more than a business transition; it’s a rite of passage, a testament to a family’s resilience and commitment to the land and legacy. #agriculture #farming #farminggenerations #successionplanning #farmsuccession
Importance Succession Planning | Transitional Challenges | Farm CPA
adamsbrowncpa.com
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Ginger Extension Agent at Agrolog Ltd
6moVery helpful!