If your farm is looking to expand through a land purchase, it’s obviously important to check out factors like soil quality, drainage, irrigation rights, and existing structures. We also encourage you to take a hard look at the technology capabilities a prospective property offers.
Have you heard that a Small Business Administration loan (or “SBA loan”) is what you need to help make your business plan a reality? As an SBA Preferred Lender, First Financial Bank can provide you with the information you need to navigate the SBA loan process.
Good production numbers are great, but management skills are a must in today’s environment of tight margins and the endless pressures from third parties.
Buying a farm is a big decision. Whether you want to commercially raise poultry, dairy cows, cattle, or produce one of many crops, is a big decision. You may need a loan to help get you started. That’s where the Farm Service Agency (FSA) and knowledgeable lenders like First Financial Bank come in – to assist family farmers like you.
As a small business owner, you are responsible for paying taxes on what your business earns. But you only want to pay what you owe – no more and no less. What can you do to optimize your tax liability? Here are some tips that may help.
What is it to be “creditworthy” – and why is it essential for you? And if your credit history is not quite up to par, what can you do to improve it? Check out these credit counseling tips.
Joe and Erica Siler have a unique business raising beef cattle – and producing maple syrup. As a marketing specialist, it is exciting to see the power of social media marketing and how farmers like them use it to their advantage.
Accounting software can streamline your business processes, support growth, and reduce mistakes. But how do you find the right one for your small business?
According to the new federal census, female producers increased by 27% from 2012 to 2017. Female producers now make up 30% of all U. S. farm operators. Why the increase?
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Your Farm’s Next Generation: How and When to Involve Your Children
Planting season is coming to a close on the farm and a new crop of graduates is being harvested at the local high school.
New farm legislation is being introduced in Congress or state legislatures. How do you get beyond the political sound bites and screaming headlines to understand what that legislation will truly mean for your family’s farm business?
Are you a farmer who is interested in learning more about the benefits and steps to sell carbon credits? Let’s look at what these are and how it might help you earn additional income.
Agriculture, like almost every other industry, is constantly evolving as new innovations develop and the world continues to change. Staying on top of the current agricultural trends can help your business thrive, and prepare for the changes that are moving the industry forward. Let’s take a look at several of the trends being discussed.
Building value and securing a legacy that lasts is a huge motivator for many farm owners. But there is more to continuity than choosing your successor – you also need a transition plan.
Being your own boss sounds glamorous, but what every business owner will tell you is that it takes more: more information, more planning, and more work. Getting insights from those who have not only been there but are continuing to drive success can be invaluable.
Western wildfires not only destroy pristine wilderness, but also represent a threat to large farms and ranches that operate in the area. Livestock, in particular, are vulnerable to injuries from wildfires, and the effects can be short-term or permanent.