Business & Economy Trends
Risk and Opportunity in Agriculture - Part 2
May 17, 2013
By Dr. David M. Kohl
In my last column, discussion centered on risk and opportunity in agriculture from a global perspective down to the individual business perspective, with an emphasis on how fragile the environment has become. A sequence of events or change in the marketplace can rapidly result in prosperity or scarcity. Discussion focused on what one farm business is doing to counteract possible negative scenarios. Concentration of Debt The next big risk that is subtly sneaking up on many in the agribusiness...
Past Articles
-
Risk and Opportunity in Agriculture - Part 1
May 3, 2013
By Dr. David M. Kohl
During a recent webcast, one of the participants asked a thought-provoking question. What are the top three risks and opportunities in agriculture given the current environment? Let’s explore...
-
Quick Reads on Your Financials - Part C
April 22, 2013
By Dr. David M. Kohl
One of the biggest mistakes producers make is co-mingling business and personal assets and liabilities, as well as income and expenses, which will be a topic for future articles. Let’s dig...
-
Quick Reads on Financials - Part B
April 8, 2013
By Dr. David M. Kohl
In the last column we discussed some quick reads on your financial statements. The highlights included conducting an accrual analysis, analyzing your equity percentage, and determining if net worth...
-
Quick Reads on Your Financials - Part A
March 22, 2013
By Dr. David M. Kohl
This is the time of the year for preparing your tax returns, developing a balance sheet for your lender, and creating cash flow budgets to project how 2013 may play out. As quarterback of your...
-
How Can I Make More Money?
March 8, 2013
By Dr. David M. Kohl
The other day at one of our business planning meetings I was asked, “How can I make more money?” Here are my suggestions. Productivity First, everyone on your business team must be...
-
China: The Game Changer
March 1, 2013
By Dr. David M. Kohl
I have mentioned the emerging BRICS nations, which include Brazil, Russia, India, China, and South Africa, in many of my columns. China has been the fulcrum of these emerging developing countries....
-
Business Plan Benefits – Part B
February 22, 2013
By Dr. David M. Kohl
In the last column, discussion centered on the value of business planning amongst a group of producers that represent the demographics of commercial ag producers in size, age of owners/operators, and...
-
Business Plan Benefits – Part A
February 15, 2013
By Dr. David M. Kohl
In the agriculture industry, some people think the business planning process and its outcome, a business plan, is only for large sophisticated operations. This article may dispel those notions. Over...
-
When You Need a Facilitator – Part B
February 8, 2013
By Dr. David M. Kohl
In the last article I discussed a major question on producers’ minds these days as they think about complex business growth, evolution, and transition. What are the signals that you might need...
-
When You Need a Facilitator - Part A
February 1, 2013
By Dr. David M. Kohl
During a recent webcast with producers and team members from Northwest Farm Credit Services, an attendee brought up a very intriguing question. How do you determine when an outside facilitator or...
We are an equal housing lender.
