Financial Consulting

 

 

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FINANCIAL CONSULTING

 

Good Decisions: We assist with making appropriate financial decisions small or large. These could range from deciding how to manage quota for the remainder of the year using our Dairy Decision Model, an MS Excel program (click here for sample report), to expansion, changing commodities, reorganizing the financial and legal structure of the business, or even transferring the farm to a buyer or your children.
 
 
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Benchmarks: we are developing a database of production and financial benchmarks for dairy farms in Western Canada based on published information and our customers.
 

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Business club: in the past, dairy business clubs were a popular means of farmers learn from each other. How do some farms obtain such as high operating income? In what areas could I improve my cost control? Beginning in the fall, if there is sufficient interest, a club will be started.
 

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Developing a good plan: although currently fairly informal, the business plans required by financial and government institutions include not only financial cash flows and production information but must include safety, environmental stewardship, and food quality assurance. We can assist you with developing a business plan including cash flows and other documentation if needed. We have specific experience with HACCP based food quality assurance programs applied at the farm level.
 

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Improving financial control: Restructuring financial and production systems to better control cash flows and profits are an important area where, with our practical experience, we can link the barn changes to the financial statements.

 

 


 

   

 

   
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