Reading Time: 1 minute Now is the time to review operating plans, investment plans and cash requirements for the upcoming year, says an Alberta Agriculture and Rural Development specialist. “The need to develop a strong business plan has been never greater,” said Rick Dehod. “With grain prices flattening, margins have been squeezed. Being proactive allows your business to strategically […] Read more

Have your financial ducks in a row before spring hits
Farm business specialist says there are four financial documents you need to prepare and share with your advisers before things get too busy

Getting the lowdown on your farm’s financial health
Simple Farm Ratio Analyzer is a quick way to determine whether your farm is on the right financial track, says farm finance specialist
Reading Time: 2 minutes An Excel program available from Alberta Agriculture and Rural Development can help producers assess the financial state of their farm business. The Agricultural Business Analyzer (ABA) Simple Farm Ratio Analyzer gives users a quick idea of the financial health of their farm or ranch as well as a comparison of their business’s ratios to industry […] Read more