Tag: Cash Flow

Fixed vs. variable rates: A cash flow analysis during an energy crisis

If you have a loan coming up for renewal, and/or are looking at taking out a new loan, you may be wondering how the war in Iran is changing the cost of borrowing – and whether a fixed rate or variable rate term might be best for your operation. There are many different factors to […]

How to pay yourself without harming the farm

Paying yourself from the farm isn’t always straightforward, especially if your operation is incorporated. Draw too much, and you risk weakening the business. Draw too little, and you shortchange your family and security. Find balance using a mix of salary, dividends and other tools to give yourself a fair income while protecting the farm’s finances. Salary […]

Want to better manage your farm’s finances? Take FCC’s free online course

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 […]