Pinion Insights: Posts from category

Next Gen

Top 3 Regrets of Retired Farmers

By K·Coe Editorial | January 23, 2020

Next Gen

Reading Time: 4 minutes

In life, there’s an easy way or a hard way to do most things. There are countless examples of this in agriculture, and farmers are resilient as the result of facing challenges and overcoming unexpected obstacles the only way they can: the hard way. Farm life is not a checklist. …

Joining Forces: How to Survive and Grow with Purpose

By K·Coe Editorial | December 20, 2019

Agriculture, Animal Ag, Commodity Crops, Next Gen, Permanent Specialty Crops

Reading Time: < 1 minute

“Joining forces with another farm can increase efficiencies or offer opportunities of scale,” advises Maxson Irsik of K·Coe Isom. The Benefits of Mergers, Joint Ventures and Creative Partnerships: Diversification of farm operations, land base, crops or livestock. Build cash flow or grow market share. Bolster the viability of your succession …

Why Family Farm Transitions Fail

By K·Coe Editorial | June 24, 2019

Agriculture, Animal Ag, Commodity Crops, Next Gen, Permanent Specialty Crops

Reading Time: 3 minutes

With most farmers or ranchers spending an average of 50 years or more on their farms – where land is both a lifestyle and legacy – it’s a wonder why so many of these family farm transitions (over 80%) fail to plan for the next generation of business and ownership. …

Change is Good. Anticipating Change is Better.

By K·Coe Editorial | April 16, 2019

Agriculture, Next Gen

Reading Time: 2 minutes

When it comes to protecting what matters most for the long term – assuring a legacy, enriching a nest egg – business owners need to be an active part of the change they want to see. Here are the top five reasons why you need a Transition Plan right now: …

How Business Owners Can Avoid Costly Mistakes

By Pinion Editorial | February 25, 2019

Biofuels, Construction and Real Estate, Distribution, Equipment Dealerships, Food And Beverage, Manufacturing, Next Gen

Reading Time: 3 minutes

It’s inevitable. One day, you will step down from running your business. The timing and transition for when and to whom you relinquish control are often among the hardest decisions that a business owner will make. That’s precisely why more than 70% of business owners fail to put a strategy …

How to Combat Ag’s Downward Trends

By Pinion Editorial | December 13, 2018

Agriculture, Animal Ag, Commodity Crops, Next Gen, Permanent Specialty Crops

Reading Time: 4 minutes

Weak commodity prices and an international trade war have inflicted pain on American agriculture – at a time when U.S. farmers, ranchers and agribusinesses can least afford it. It may be hard to combat global economic trends, but you can shore up your operation’s finances. Follow these guidelines to help …

charitable giving tax reform minimization

How to Give ‘$mart’ from Your Heart

By K·Coe Editorial | October 1, 2018

Agriculture, Next Gen, Tax & Accounting

Reading Time: 2 minutes

As the 2017 tax reform has made extensive changes affecting your income tax returns in 2018, we wanted to take a moment to: explain how you can use a few of these changes to your advantage (we can help alleviate taxes…we love doing that!) provide some heartfelt, yet savvy, charitable …

Farm Bill Revival Announced from Senate Committee – What’s It Mean for Farmers?

By K·Coe Editorial | June 12, 2018

Agriculture, Commodity Crops, Equipment Dealerships, Food And Beverage, Government & Public Affairs, Next Gen

Reading Time: < 1 minute

The Senate Agriculture Committee is moving forward with the 2018 Farm Bill Revival in a reportedly ‘bipartisan’ fashion and has released its draft of the Agriculture Improvement Act of 2018. Ryan Stroschein of K·Coe Isom’s Federal Affairs team says, “Given the importance of this legislation to farmers, particularly in light …

Pinion Insights: Posts from category

Next Gen

Top 3 Regrets of Retired Farmers

Joining Forces: How to Survive and Grow with Purpose

Why Family Farm Transitions Fail

Change is Good. Anticipating Change is Better.

How Business Owners Can Avoid Costly Mistakes

How to Combat Ag’s Downward Trends

How to Give ‘$mart’ from Your Heart

Farm Bill Revival Announced from Senate Committee – What’s It Mean for Farmers?

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