Search our entire resource library

You're viewing a specific archive. Looking for something and want to search by keyword or just take a general look at ALL our resources? Click Search below!

labor

Farm Succession: Business Governance for Transition Planning

Purdue Commercial AgCast Podcast

Adding on to our transition planning series, in this 6th episode, Purdue agricultural economists Brady Brewer and members of the Purdue Farm Transition team Renee Wiatt and Maria Marshall focus on how and why to set up governance policies in a farm business.

Read More

Farm Succession: Conflict Management for Transition Planning

Purdue Commercial AgCast Podcast

In this fifth episode of our series about Farm Transition Planning, we focus on conflict management – what is conflict, what causes it, how do we handle it within a farming business to come to a resolution.

Read More

Crop Budget Spreadsheet

This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises.  The user can evaluate up to three full-season crops, and the wheat double-crop soybean system.

Read More

Crop Cost and Returns

Purdue Commercial AgCast Podcast

On this Purdue Commercial AgCast episode, Dr. Michael Langemeier and Dr. Brady Brewer discuss the latest numbers from the Purdue Center for Commercial Agriculture’s decision tool along with tips on how to use this tool to make farm operating decisions.

Read More

Financial Management – Statements & Analysis

Financial Management Series

A series of financial management articles that examine financial statements and financial analysis. Financial management involves the evaluation of liquidity and solvency, financial planning, acquisition and use of financial resources, asset purchases and farm growth, and relationships with agricultural lenders.

Read More

Farm Succession: Human Resources for Transition Planning

Purdue Commercial AgCast Podcast

Keeping the farm business running between generations and management tiers can be difficult, but job descriptions and keeping open communication is key. Purdue agricultural economists Brady Brewer and members of the Purdue Farm Transition team Jenna Nees, Denise Schroeder, and Kyle Weaver discuss the importance of having a strong HR strategy and some common issues that many farms face as they transition management roles.

Read More

Farm Succession: Feasibility of Adding a Family Employee

Purdue Commercial AgCast Podcast

Adding to our series about Farm Transition Planning, in this third Purdue Commercial AgCast episode, we discuss how to evaluate if the farm can add an operator or hired employee.

Read More

Is it Feasible for my Farm to Add an Operator or Hired Employee?

As a farm expands, it is important to evaluate the feasibility of adding an operator and/or hired employees as well as the feasibility of purchasing or renting additional land, and machinery and equipment.  The feasibility of augmenting labor on a farm depends on two critical factors: gross revenue and profitability.

Read More

Farm Succession: Transitioning Business Management

Purdue Commercial AgCast Podcast

Following our episode about Farm Transition Planning, we now take a closer look at some of the key areas of forming and executing a farm succession plan. To kick this series off, Purdue Agricultural Economists Michael Langemeier and Brady Brewer cover the topic of transitioning management of a farm from one generation to the next.

Read More

Farm Transition Planning

Purdue Commercial AgCast Podcast

Maria Marshall, professor and director of Purdue’s Institute for Family Business, joins Brady Brewer to discuss farm succession planning. They answer why it’s important to start planning both a management and an ownership transfer ahead of time, who to have on your team of advisors, and the things you can do to start to prepare.

Read More