Modern agriculture is no longer only about production; it can be about managing a multi-million-dollar enterprise. And as the complexity of farming deepens, thinking like a CEO becomes ever-more important. It means approaching the farm as a business, equipped with important tools like a long-term vision, and strategic and risk management plans. With a CEO mindset emphasizing […]
When Fanny Delisle married into her husband’s dairy farm, succession plans were already set. That was OK with her as she had other ideas in mind on how to make a mark on the community and the next generation of farmers. She arrived on the farm, located on the South Shore of Montreal, with infectious […]
Dolbec, a family farm located in Saint-Ubalde, in the Portneuf region of Quebec, has established itself as the largest potato producer and packer in Eastern Canada. They blend agricultural tradition with modern business practices to fuel their growth. The business’s success is built on the vision of co-owners Stéphan Dolbec and his spouse Josée Petitclerc, […]
Financial planning professionals spend years acquiring the experience and skills to do their jobs effectively. This is a level of training most people don’t have — but that doesn’t mean financial literacy is unattainable. For Lance Stockbrugger, Saskatchewan farmer and veteran chartered accountant, taking steps to better understand what the numbers are telling you is […]
The following fictional case study was created by BDO. Brian and Louise knew from an early age that their children, Isaac and Emma, aspired to be the seventh generation of their family to farm. They also knew the existing operation was not large enough to support three families if both children chose to farm full time. […]
The following fictional case study was created by BDO. Brian and Louise knew from an early age that their children, Isaac and Emma, aspired to be the seventh generation of their family to farm. They also knew the existing operation was not large enough to support three families if both children chose to farm full time. […]
Setting and tracking key performance indicators (KPIs) is essential for long-term farm success. After all, you can’t manage what you don’t measure. How do you know if you’re on track if you haven’t defined your goals? Why KPIs Matter in Farm Management Start by defining what success means for you, your farm, your family, and […]
The CEO mindset isn’t just about decision-making; it’s about balancing priorities in personal and business life. This is essential for making farms more self-sufficient, says Evan Shout, CPA and CFO of Hebert Grain Ventures (HGV), a 40,000-acre grain and oilseed operation in Moosomin, Sask. With expertise rooted in both innovation and sustainability, Shout brings valuable […]
Financial planning professionals spend years acquiring the experience and skills to do their jobs effectively. This is a level of training most people don’t have — but that doesn’t mean financial literacy is unattainable. For Lance Stockbrugger, Saskatchewan farmer and veteran chartered accountant, taking steps to better understand what the numbers are telling you is […]
A firm understanding of your farm finances is one of the most important things you need for a successful farm business. From rookies to veteran farmers, knowing key financial concepts is essential to thriving and making business decisions with clarity and confidence. The opportunity to learn is now. FCC and BDO Canada have collaborated to […]
