Ag Advantage

Browse these helpful agricultural financial management resources.

Farm Accounting Application: Financial vs. Managerial

Farm Accounting

Posted by Chris Whited on May 10, 2017 11:05:00 AM

Building a financially healthy ag business is possible. You just need to find what works for you.

If data isn't driving your behavior, then why are you doing it?

We all have big ambitions when taking over the family farm. We want to jump in and use our skills to build upon what the previous generations have handed down, leaving our own mark for future generations. What do you want to achieve?

Read More

Financial vs. Managerial Farm Accounting Interpretation, Part 2

Farm Accounting

Posted by Chris Whited on Apr 17, 2017 12:05:00 PM

Take control of the outcome, or be overrun by unstable markets.

Your farm’s financial story shows you its potential.

In Financial or Managerial Accounting, we explored the essential information farmers need to make good economic decisions. Today, we are going to look at how the interpretation of managerial accounting reports can be essential to your planning, direction, and choices about where...

Read More

Financial vs. Managerial Farm Accounting Interpretation, Part 1

Farm Accounting

Posted by Chris Whited on Mar 30, 2017 4:00:00 PM

How to Manage the Flow of Cash in Your Operation

We explored in Financial vs. Managerial Accounting the essential information farmers need to make good economic decisions. Today, we are going to look at how the interpretation of financial accounting reports can be essential to your farm’s financial health.

Read More

Farm taxes and children: Here's what you need to know for every age

Posted by Tera Schultz on Mar 6, 2017 10:25:30 AM

Of all the things raised on a farm, the most rewarding and the most challenging are always our children. At tax time, our kids bring us some extra joy. There are a variety of credits available to parents of children, and farm taxes can sometimes make the credits and deductions more or less valuable, depending on the situation.

Read More

Financial or Managerial Accounting: What’s Right for Your Farm?

Farm Accounting

Posted by Chris Whited on Feb 7, 2017 9:51:59 AM

Considering the purpose of your accounting records

Accounting provides essential information farmers need to make good economic decisions. There are two types of accounting reports that are essential to your operation’s “financial health” - management and financial.

Read More

Agricultural Finance: Strategies for Refinancing

Farm Accounting, Farm Finance

Posted by Harold Birch on Jan 4, 2017 11:12:19 AM

Refinancing 101 – Understanding Agricultural Finance

Working capital (WC) is the biggest issue in farms failing. In challenging times, more than 90% of farms fail as a result of a lack working capital; meaning those farms are not able to stay in business long enough to realize a profit. Simply put, working capital equals current assets minus current liability. We want more current assets than...

Read More

Capital Management: Understanding Farm Asset & Debt Management

Farm Accounting

Posted by Brian Bennett on Dec 9, 2016 1:26:00 PM

One cannot stress enough the importance of capital management for your business. All of the efforts you have invested to produce an operating profit, from your farm’s operation management, can be lost if that operating profit is not managed correctly. This is where capital management comes to the rescue.

Read More

Writing a Business Plan: Defining the What, Why, and Who

Posted by Becky Wedekind on Dec 2, 2016 4:06:38 PM

What is a Business Plan?

Building a business plan is all about leadership. The business plan describes the business as it exists today. It also provides a general overview of objectives in the short term, next 12 months, and the direction of the business in the following 2 to 5 years. The business plan provides the ability to communicate the assessment of the current business to others and...

Read More

54 Magic Numbers to Improve your Ag-Business

Farm Accounting

Posted by Sam Bachman on Sep 22, 2016 5:27:29 PM

AgriSolutions’ flagship financial analysis and benchmark offering is the Historical Performance Analysis™ (HPA) report.  This report has been successfully used with hundreds of producers over the past 40 years to provide management insight, raise critical issue awareness, benchmark performance and look forward based on mathematical trends.    

Read More

The Historical Performance Analysis

Farm Accounting

Posted by Sam Bachman on Sep 22, 2016 10:48:38 AM

AgriSolutions, Inc. is entering its fifth decade of service to the North American farmer. Throughout this near half-century of service, the focus has been to help producers access, understand and apply the insights hidden in their financial records. Our premier offering and most effective tool in pursuit of this goal throughout our long history has been the Historical Performance Analysis...

Read More