Archive for January, 2023

Before buying or selling a farm, ask “Why?”

Posted on: January 24th, 2023 by Keith Starr, Chief Financial Strategist

Note: This is part one of a two-part blog series on buying or selling a farm. You want to buy or sell a farm. Before you push a “For Sale” sign into the ground or negotiate with the owner, make sure you’re doing it for the right reasons. We’ve advised many clients on how to […]

Don’t confuse money in the bank with profitability

Posted on: January 6th, 2023 by Keith Starr, Chief Financial Strategist

You look at the December bank statement. It shows a checking account larger than a year ago. You’ve had a profitable year, right? Not necessarily. Just because you have money in the bank does not mean you made money. It may seem strange, but profitability and money in the bank are two different things, even […]