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When it comes to cattle, genetics and crops, dairy producers excel at planning ahead. However, creating a plan for retirement and succession doesn’t always come as naturally.
Have you ever heard a neighbour say, “If I used every new product that claims to add a kilogram of milk, I would be at 60 kilograms”? This is usually said sarcastically to express hesitations over some new additive, and there may be some truth in the statement.
Are you sometimes left wondering if your employees understand the farm’s priorities and goals? Do your employees ever feel they get conflicting messages and wonder, “What does the boss want?”
Imagine you have the power to monitor every aspect of your farm business; profitability, production, animal health, culling, reproductive success is all there, and it’s divided into specific metrics to help paint a picture of where your farm’s problems may lie.
Recently, on a virtual event with 126 financial advisers, I asked what their largest challenge was in serving farm clients. Sixty-four percent named procrastination.
It’s the most wonderful time of the year – a time to recognize achievements and successes, a time to acknowledge the service and efforts of your employees, and a time to celebrate it all with a killer holiday party.
As we look to a new year, whether you are just beginning a show season or just ending one, it’s a great time to look ahead to 2022 and what you would like to achieve.
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