Passing on the farm can be a complicated and daunting process. Familiarizing yourself with these basic succession planning concepts is a great place to start.

Farm Succession Planning: A Starter Kit

Land lease agreements or ‘grazing leases’ can be a valuable tool, giving new farmers access to land they might not be able to buy outright. Here’s how they work.

A Simple Guide to Grazing Leases

Gross profit can be an important decision-making tool, revealing the profitability of different business segments and sales channels. Here’s how it works. 

What Is Gross Profit, and Why Is It Important in Agriculture?

Part One of Managerial Accounting for Raising Livestock for Cow-calf, Dairies, and other Breeding Stock Operations

Why Managerial Accounting is Important

As a farmer, you likely use accounting to satisfy external requirements, like filling out Schedule F during tax season or preparing financial statements to apply for loans or grants. You also are likely asking operational questions that, with the right habits and systems in place, could be answered through accounting.

All “Managerial Accounting” Posts

Farm Succession Planning: A Starter Kit

A Simple Guide to Grazing Leases

What Is Gross Profit, and Why Is It Important in Agriculture?

Why Managerial Accounting is Important

Accounting Beyond Taxes — Using Financial Data to Inform Farm Operations