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Home » Keywords » business structures

Items Tagged with 'business structures'

ARTICLES

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Prioritizing family and business: Two dairy producer perspectives on farm succession

The keys to a successful farm succession plan are to start early, stay focused and above all, communicate.
May 20, 2026
Ralph Pearce

The 2026 Canadian Dairy Business Summit included two dairy producers who have successfully navigated the farm succession process. Paul MacLeod of Darcroft Farms near Embro, Ontario, and Clarence Markus of Markvale Holsteins near Beachville, Ontario, detailed their respective roads to completing their plans.


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Profit and legacy: Ensuring ranch viability for successors

Profit, clarity and communication form the foundation of successful ranch succession, ensuring the business remains viable and attractive for future generations. By treating ranching as a business – with defined roles, intentional planning and a long‑term vision – families can preserve their legacy and their land. Strong transitions happen when operations offer profit, purpose and room for the next generation to grow.
February 11, 2026
Marian Viney

A Wyoming family uses clarity, communication and business discipline to build a ranch the next generation wants to come back to.


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Progressive Events: Dairy managers planned for the future in Puerto Rico

February 10, 2026
Karen Lee

In late January, PDP’s Managers Academy ventured off the mainland for its first-ever event in San Juan, Puerto Rico. With the theme, “Business Prime on Island Time,” the event challenged dairy producers and industry representatives to take a closer look at their business structure and how to position it for success into the next generation.


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Across the Fence: Gratitude for the heart of a rancher

October 20, 2025
Marci Whitehurst

Be proud that you’re a first-generation rancher. We need you. The industry needs you.



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Strategic expansion: Growing a beef herd for long-term success

Expanding the commercial beef herd in today’s environment is a tricky endeavor, complete with a lengthy list of impactful factors to consider. Careful planning and a thorough cost analysis must anchor the decision-making process.
September 30, 2025
Bruce Derksen

For those considering growing their beef cattle herd, quick wins and day-to-day details may be extremely tempting to pursue. But like most things in life, it’s important to look well beyond the immediate. Expansion may have different meanings for different operations.


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Top 3 financial planning concerns for agribusiness owners and operators

Questions regarding whether an estate plan protects assets for future generations, reducing tax bills and having a successful succession plan are top of mind for many dairy producers, including those participating in this survey.
September 8, 2025
Mark Sherin

We spoke to more than 100 dairy operators, farmers and ranchers, and the top three concerns were protecting assets for future generations, minimizing tax liabilities and ensuring a successful succession or exit strategy. Let’s explore how family farmers can address each one.


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Tax bill signed into law: What it means for you and your strategy

President Donald Trump signed the One Big Beautiful Bill Act into law, bringing significant changes to individual, business and nonprofit tax planning. Understanding its implications is crucial for making informed decisions.
August 27, 2025
Michael Smith and Miryam Wisnicki

On July 4, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law following swift passage by both the House and Senate. This sweeping legislation brings significant changes to individual, business and nonprofit tax planning – many of which take effect in 2025 or 2026.


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The logistics of shipping beef directly from the ranch

Direct-to-consumer marketing has become en vogue for many smaller beef producers, but it is necessary for anyone considering that path to gain a foundational understanding of the logistics required.
July 28, 2025
John O'Meara

Although the price of cattle is currently high, it is always a challenge for any farmer or rancher to thrive financially in a volatile marketplace. Some beef producers have turned to shipping meat directly to customers.


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From field to funds: Collecting payment for farm goods and services

What occurs if a payment fails to arrive? You have rendered services or sold your harvest, and now you find yourself in a state of anticipation. What steps should you take next?
May 23, 2025
Kelly Wilfert

Your ability to collect payment may depend on how well you knew and managed your rights throughout the working relationship.


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The importance of keeping a clean divide between personal and farm business expenses

Maintaining clear separation between personal and farm business finances is crucial for ensuring smooth farm succession, promoting family harmony, and improving both personal and business financial planning for current and future generations of farmers.
April 22, 2025
Andy Leach

The farming industry is an ever-changing landscape. With each year that passes, new complexities and challenges arise that place pressures on Canadian farmers to continuously adapt their business practices to remain competitive.


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More Articles Tagged with 'business structures'
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