finances Archives - Page 3 of 3 - Alberta Farmer Express

Cropped image of handsome businessman in casual wear using a laptop and examining documents while working in the office

Seven summer financial bottlenecks

By Maggie Van Camp April 18, 2018

In biz-speak, a bottleneck is a point of congestion that causes delays or inefficiencies, leading to higher costs. It’s a perfect metaphor for farm finances at a time of year when the bottle we’d rather be thinking about might have something cold in it, with us sitting on a dock. Yet summer is a too-good-to-miss[...]
Read more

News

When it comes to cash flow, ignorance is dangerous

Tighter margins make it that much easier to find yourself caught short when bills come due

By Alberta Agriculture and Forestry January 27, 2017

Reading Time: 2 minutes The new year is a good time to review your marketing plans and cash flow projections, says a provincial farm financial specialist. “Cash is the lifeblood of a business, but with so much emphasis usually put on profitability, it can be easy to overlook this fact,” said Rick Dehod. “Poor cash flow management can drive[...]
Read more

Crops, Livestock, News

That work you hate pays very well

If you’re still running the farm on a cash basis, you’re tying one hand behind your back

By Alberta Agriculture and Forestry January 8, 2016

Reading Time: 2 minutes Nearly three decades ago, a study of farmers’ work priorities found — to no one’s surprise — that record-keeping ranked well behind field work; buying and selling machinery and crops; and equipment repair. Only 16 per cent hired outside help for record-keeping, 50 per cent did it themselves and 20 per cent named their spouse[...]
Read more

StatsCan says the average Alberta family spent $9,300 on food in 2013 — the third-highest expense after shelter and transportation.

Crops

The cost of living may be a lot more than you think

Cash flow is king in any business, and farmers need to factor  in family living costs when preparing their business plans

By Alberta Agriculture and Forestry November 18, 2015

Reading Time: 2 minutes Now that the 2015 crop is off, it is important to review cash flow projections and marketing plans. That process involves budgeting for family living expenses — a number that may shock you. “In the last five years, family living costs have increased substantially due to inflation and good farm margins,” said Rick Dehod, a[...]
Read more

Latest Digital Edition

FREE ACCESS

Tag Archives finances

Seven summer financial bottlenecks

When it comes to cash flow, ignorance is dangerous

That work you hate pays very well

The cost of living may be a lot more than you think

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for Jan. 9, 2026

Cyber-Savvy Farmer

Latest Market News