You're Harvesting Your Crop - What About Your Legacy?

by Heather Lauf October 23, 2013

bMetzger64There's a lot that goes into taking care of your crops - and now during harvest you're reaping the rewards of what you've done all growing season long. But what about reaping what's happened over your whole farming career? That's how you've created the legacy you'll leave the next generation. Ben Metzger, Director of Legacy Planning with Water Street Solutions talks here with Dewey Nelson of KRVN about the plans you need to have in place to be sure you'll fully harvest your legacy.  Harvesting Your Legacy Metzger AUDIO

What's Your Plan for 2014?

by Heather Lauf October 22, 2013

Farm Futures logoMaybe you're still harvesting, but it's not too early to begin thinking about plans for the 2014 crop year. And it's looking like a year where you'll want to have a proactive, flexible plan in place that you can adjust - with tighter margins potentially on the horizon.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions helps you start thinking about what it's going to take for your operation to be successful in 2014.  Read his blog post.

Build the Big Picture on Your Farm with Good Cost Tracking

by Heather Lauf October 15, 2013

tBrhel64Good cost tracking practices in your operation do more than just make your farm books super accurate. The historical data lets you look back and compare what actually happened - where the money went - to where you had intended it to go via your crop year budget or plan. Tim Brhel, an Ag Finance Specialist with Water Street Solutions, discusses this with Dewey Nelson from KRVN.   Farm Costs Track the Pieces, Build the Big Picture Brhel AUDIO

In the interview, Tim talks about the Ag Edge Farm Business Seminars this winter. Learn more about that learning opportunity.

For the text of the interview, click here: Farm Costs - Track the Pieces, Build the Big Picture

Harvesting Your Legacy

by Heather Lauf October 14, 2013

Farm Futures logoIt's harvest time - with all the sights, sounds and feelings that go along with it. Our thoughts might turn more to the things that are most important to us, like family, the farm, and the chance to do what we love every day in our farming operations.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions asks you to think about another harvest this season: harvesting your legacy.  Read his blog post.

Planning for Success as a Younger Farmer

by Heather Lauf October 8, 2013

tBrhel64The risks and rewards in today's farming world are high. And young farmers, in particular, have a lot to navigate in these challenges, especially in the financial arena. Tim Brhel, an Ag Finance Specialist with Water Street Solutions, talks about this with Dewey Nelson from KRVNYoung Farmers Plan for Financial Success Brhel AUDIO

For the text of the interview, click here: Young Farmers Plan for Financial Success

Financial Practices that Put You in Charge

by Heather Lauf October 7, 2013

Farm Futures logoThe most successful farmers today are constantly working to do everything a little bit better on the farm. And that comes as a result of certain practices and good habits - including what you do to actively manage your farm finances.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions talks about some financial practices that can help as you prepare your operation for the future. Read his blog post.

Combine Time is a Chance to Consider Farm's Legacy Plan

by Heather Lauf October 2, 2013

WIRL logoWhen you're spending time in the combine this season, you might use some of that time to strategize business plans. How about considering your legacy plan as part of that? Ben Metzger, our Director of Legacy Planning, talks about some points you can ponder while combining. He discusses that with farm broadcaster DeLoss Jahnke of WIRL during the noon agribusiness hour.  Noon Show Ben Metzger AUDIO

Farm Costs: Track Pieces, Build the Big Picture

by Heather Lauf September 30, 2013

Farm Futures logoHave you ever looked back at your farm costs and wondered: what happened? When you're working to manage expenses on your farm, using a good tracking system can help lead you to the best financial management decisions. And it can be helpful to see the results of the decisions you've been making.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions shares some ideas on how tracking the farm's costs can lead to new insights. Read it HERE.

Consider the Metrics of the Farm, Especially in Down Cycles

by Water Street Solutions September 25, 2013

Agrinews2The shape that we're in now and the shape that we could be in after a couple of thinner years in farming are two very different things.  Darren Frye, President and CEO of Water Street Solutions talks about preparing for the leaner years in the AgriNews.  Read his column HERE.

Mistakes Happen: Find and Implement a Solution for Change

by Heather Lauf September 25, 2013

Corn and Soybean Digest web logoWhen mistakes are made on the farm, how do you choose to respond as the farm leader? What do you choose to do next? Our first instinct may be to blame the person who made the mistake - but there may be a more productive way to improve the process instead.

This month, Dean Heffta, Senior Director at Water Street Solutions has some ideas on how we choose to respond to mistakes on the farm.  Read his column about that in the September issue of Corn and Soybean Digest.

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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