By Brian Ravencraft, CPA, CGMA, Principal- Holbrook & Manter

The turn of the calendar offers more than just a new season; it presents a crucial opportunity for financial reflection and planning. For farmers, a well-structured budget is the bedrock of a resilient and profitable operation. As you look ahead, the new year is the perfect time to evaluate your financial performance, adjust your strategy, and set your farm up for success. A thorough budget revamp helps you navigate market volatility, manage cash flow, and make informed decisions that will benefit your farm for years to come. Let’s look at some things you may consider doing:

Reviewing last year’s financial performance

Before you can plan for the future, you need a clear understanding of the past. A deep dive into your previous

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