The Extension Farm Management Program provides research-based farm business management information, resources and tools to farmers and agribusinesses to improve profitability through informed decision-making.
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Selecting the best recordkeeping tool will assist in making management decisions for the future. At the end of the year, farmers may be reviewing their income tax obligations and marketing plans or completing a business or enterprise analysis. A successful farm manager is already keeping good, accurate records throughout the year. Selecting the best recordkeeping […]
For business owners, managers and employees, days are full of endless decisions and actions that affect the health, success and future of ourselves and our businesses. These choices can start to feel like they’re piling up, which creates pressure, stress and a feeling of foreboding that can negatively impact how we make (or put off making) decisions.
Many of us have spent numerous hours building the perfect plan, only to see it end up useless because our assumptions were wrong or some unforeseen disruption occurred in life. Thus, we conclude that planning is useless, a big waste of valuable management time. However, I think we are missing the point. Eisenhower said plans were useless, but the process of planning was indispensable.
Labor shortages are widespread, workers are expecting higher starting wages, and after farms hire and train a new employee, there is a risk that they will jump ship for a better-paying job. Improve the retention odds on your farm by putting a plan in place to improve the employee onboarding experience.
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