Ag Finance Special Section
Chris McArthur, left, here with her husband George, handles financial matters for the family's livestock business and farm supply store in northeastern California. But she finds value in receiving outside professional advice, she said.
Tim Hearden
CapitalPress
Farmers and ranchers seeking advice from a lawyer, accountant, financial planner or other professional should find one who knows about agriculture, experts say.
As laws become more complex, many producers are turning to professionals to help them develop business plans, invest money, save ...
Thursday, March 11, 2010 6:49 AM
There are many ways in which farmers and ranchers can legally ease their tax burdens, a financial expert advises.
For starters, many have the advantage of operating on a cash basis, which means they can plan their income and expenditures to avoid windfalls, said Terry Francl, a senior eco ...
Thursday, March 11, 2010 6:49 AM
For farmers planning their finances, the most important tool is the marketing plan, said Shannon Neibergs, an extension economist at Washington State University.
To maximize profit, farmers need financial information to determine their marketing plan, which determines revenues, which in t ...
Thursday, March 11, 2010 6:49 AM
With today's farmer living and working longer, fewer off-farm working opportunities and multiple generations often working a farm, succession planning has never been so important, a college administrator says.
Robin Klemm, director of the Austin Family Business Program at Oregon State Uni ...
Thursday, March 11, 2010 6:49 AM
