Growing Farm Profits

This series is all about helping you grow your farm’s profits. It focuses on the managerial side of farming and will teach you how to move your farm forward.


GROWING  FARM  PROFITS  ARTICLES

Easy, Efficient, Effective or Expensive?

Easy, Efficient, Effective or Expensive?

The key point in fertilizer management is “The 4 R’s.” Right source, right rate, right place, and right time of fertilizer application make for the best use of your investment.
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If You Are Happy Just Floating Along, Go Fishing!

If You Are Happy Just Floating Along, Go Fishing!

Farming is not for the faint of heart. Farmers accept the financial risks that come with farming because they understand them.
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Hide & Seek: How Perfection Kills Success

Hide & Seek: How Perfection Kills Success

We regularly short-change ourselves by seeking perfection, or our personal idea of it; we jeopardize success in the now because we we see something that we “think” is better.
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ROA - Return on Assets

ROA – Return on Assets

Return on assets, or “ROA” as we’ll refer to it, is an often overlooked financial metric on the farm.
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Per Acre Equipment Calculation

Per Acre Equipment Calculation

Hursh hits the nail on the head with this piece by suggesting farms should know their equipment investment per acre. His column goes on to describe how new equipment has seen significant increases in SRP (suggester retail price) over the last few years, contributing greatly to the elevating of the
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Managing Operating Efficiency

Managing Operating Efficiency

Positive action can and will impact your bottom line... but then so will inaction. Find out how to measure and manage your business data.
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Test Your Outlook

Test Your Outlook

Objectivity can be difficult to maintain when making business decisions. Garnering the perspective from someone outside your business is a great way to test your outlook.
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Control

Control

How do you employ control in your business? Is it over operations, people, cash flow? Those are quite broad descriptors, and when it comes to people, please recognize the difference between control and influence. Here are the top areas to control to achieve greater prosperity.
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Why Tractors are Sexier Than Spreadsheets

Why Tractors are Sexier Than Spreadsheets

Both tools are effective, highly powerful, and multi-functioning. Both can create efficiency that is almost immeasurable. So why are spreadsheets unpopular when compared to tractors?
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Be Intimate with EBITDA

Be Intimate with EBITDA

EBITDA. Being intimate with how it affects your business is critically important. Find out why lenders pay close attention to this figure and why you should too.
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The Farmer-Banker Dating Game

The Farmer-Banker Dating Game

Finding a new bank can be difficult. Finding a banker that you can build a relationship can be even harder. Find out how to be prepared, what to expect, and what to ask in order to find that special someone.
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Fail to Plan, Plan to Fail

Fail to Plan, Plan to Fail

Fred wants to expand his farm. He feels he’s getting left behind every time his neighbours buy a new piece of land. Find out how creating a simple plan can move your business forward.
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Are You A Top Producer?

Are You A Top Producer?

Economist, Dr. David Kohl, is a fervent advocate of improving business decision making. Recently, he suggested that top producers can answer "Yes" to at least six of these question. Find out if you can too!
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About the Author:  K.AG Growing Farm Profits Inc.

 

K.Ag Growing Farm Profits Inc. improves farm business performance by providing farm owners with timely, strategic advice in farm financial management. We help take the emotion out of decision making so that business owners like you can enjoy increased confidence allowing you to make important business decisions quickly and accurately.

Our proprietary services assist farm business owners to significantly improve their financial confidence and rapidly increase their efficiency.

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