If you are interested in maybe changing something in your business, have a look around this site.

Some of this stuff is free.

If you are making too much money and you have no thoughts about changing anything, I am not much help.

Farm Financial Assessment

Every farm producer is eligible to access up to five days (35-40 hours) of a business advisors time. Ninety percent of the cost of the consulting engagement is provided through the Canadian Agricultural Policy Framework. The net cost to the farmer will be $107.  The consultant will meet with the farm family to complete a status quo assessment of the farm business. This assessment will include an analysis of key financial ratios and the financial performance of the business over the past two years and a projection of the expected performance over the next year. The Farm Financial Assessment is provided to the farm family in a written report. The report includes a one year projection of cash flow and debt service capacity and a summary of the farm business.

Action Plan

Once an assessment of the current situation is completed, including a one year projection of cash flow and debt service capacity, the consultant and the farm family work together to develop a list of suitable changes or alternatives that may improve the business. These alternatives are narrowed to the alternatives that are appropriate for the particular farm family. The selected alternatives are analyzed to determine which alternatives may be feasible for the farm family and an action plan is completed. The Action Plan is compiled into a written report including two years of financial projections and analysis of the impact of the changes on the farm family.

Financing

In the event that there is some need for the arrangement of financing for the plan, assistance in the preparation of information and communication with lenders will be provided to the client.   

Follow-Up

The farm family is provided with one day of follow-up contact with the consultant consisting of one day a year after the initial engagement is completed to update the financial position of the farm business and to discuss how the plan has progressed and to determine why the plan has or has not gone as projected.