Farm Transitions Aren't Always to the Next Generation

by Heather Lauf December 9, 2013

Farm Futures logoHave you ever thought about what would happen if the farm needs to transition - within the same generation? Legacy plans need to be able to handle transitions within the same generation as well.

In his weekly Finance First blog post, Darren Frye, President and CEO of Water Street Solutions, writes on FarmFutures.com about why a farm's legacy plan needs to be prepared to handle such a situation - before the transition takes place. Read his blog post.

Address the Right Issues Around Your Legacy

by Heather Lauf December 3, 2013

bMetzger64Thinking about legacy planning can be overwhelming. You might not know where to start. But you know you want to be addressing the right issues - the ones that are going to make a big difference. Ben Metzger, Director of Legacy Planning with Water Street Solutions, talks about how to do that - how to start the plan - with Dewey Nelson of KRVN.  Address the Right Issues around Your Legacy Metzger AUDIO

Communicating With Your Accountant

by Heather Lauf December 2, 2013

Farm Futures logoWith the colder temperatures come cheer, goodwill, and...tax planning time. As you get ready to meet with your accountant, maybe it's time for a check of that relationship, too. For starters, how does your accountant communicate with you? Are they proactive? Do they explain things to you in a clear way?

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions talks about how the relationship you have with your accountant and how the way you work together can affect more than you might think. Read his blog post.

Looking to the Future of Your Operation

by Heather Lauf November 26, 2013

dHeffta64What's in the future for your operation? What do you need to learn now to make your dreams a reality? The best farmers take advantage of opportunities for learning, says Dean Heffta, Senior Director at Water Street Solutions. He talks here with Dewey Nelson of KRVNLooking to the Future of Your Operation Heffta AUDIO

Here's an opportunity for learning this winter - the Ag Edge Farm Business Seminar. Four of these events will be held across the Midwest this winter. Find one near you and register.

Get the Numbers You Need

by Heather Lauf November 25, 2013

Farm Futures logoWhat's your plan for 2014 look like? This year seems to be shaping up as an especially important year for financial planning on your farm. But it's tough to know how to proceed unless you have the financial information you need to make decisions.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions writes about how to get the numbers you need to do 2014 planning. Read his blog post.

Keep Your Foot in the Door with Landlords

by Heather Lauf November 19, 2013

tBrhel64High cash rent arrangements are top of mind - and there's a balancing act that goes into the relationships you have with your landlords around that. There may be a few things you can do to maintain balance - and keep your foot in the door with the landlord. Tim Brhel, an Ag Finance Specialist with Water Street Solutions, talks about that with KRVN broadcaster Dewey Nelson.  Keep Your Foot in the Door with the Landlord Brhel AUDIO

We'll be hosting a panel about landlord relationships with some ideas for you at the Ag Edge Farm Business Seminars this winter. Find an event near you and see the full schedule.

What's the Greatest Threat to Your Future?

by Heather Lauf November 18, 2013

Farm Futures logoWhen you think about your operation, what do you feel is the greatest threat to it? A lot has changed in agriculture - especially in the past 10 years. And what's going to set apart farms in the next 10 years has a lot to do with how the farm leader approaches change.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, talks about how farm leaders can prepare for the future and stay competitive by continually learning and growing. Read his blog post.

One of the learning opportunities Darren talks about are the Ag Edge Farm Business Seminars that will take place across the Midwest this winter. Find an event near you.

Use Your 'Off Season' Time Between Harvest and Planting

by Heather Lauf November 15, 2013

Corn and Soybean Digest web logoDo you feel like there isn't really a 'slow' season on your farm anymore? The key is being intentional and setting aside some time to reflect and learn for the future of your farm. Opportunities like the Ag Edge Farm Business Seminars this winter are a chance to learn new skills that will help you during the busier times.

This month, Dean Heffta, Senior Director at Water Street Solutions, writes about some ways you can intentionally set up some time for learning this off season. Read about that in his Think column in this month's issue of Corn and Soybean Digest.

Crop Insurance - Wrapping up 2013, Looking to 2014

by Heather Lauf November 14, 2013

gFrye64Did you - or do you think you have a crop insurance claim this year? This year, there could potentially be claims on the yield or revenue side. And what can you do to start looking ahead toward your 2014 crop insurance plan? Grant Frye, an Ag Risk Advisor with Water Street Solutions, talks about these topics with farm broadcaster DeLoss Jahnke of WIRL on the noon agribusiness show.  Noon Show Grant Frye AUDIO

Being Strategic about Your Taxes

by Heather Lauf November 12, 2013

tBrhel64Getting ready for taxes may not be your favorite part of managing your farm business - but farms have the ability to plan for taxes in such a way that many other businesses can't. Are you being strategic about your farm's taxes? Are you working with a tax accountant who is helping you with that? Tim Brhel, an Ag Finance Specialist with Water Street Solutions, talks here with Dewey Nelson from KRVN about how strategic planning helps.  Being Strategic about Your Taxes Brhel AUDIO

About Water Street Solutions

Water Street Solutions helps farmers with profitability, using a business model that you won't find anywhere else. Experts in ag finance, crop insurance, commodity marketing and legacy planning work together on a plan tailored for your farm.

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