As farm leaders, we know many factors that impact the business are out of our control; you literally cannot plan for everything. What you can do, however, is engage in a smart amount of planning and preparation—which helps the minds of leaders adapt to changing situations on the fly, whether the specific changes have been prepared for or not.
In this week’s Finance First entry at FarmFutures.com, Water Street Solutions CEO Darren Frye writes on what sort of planning can help a farm leader give their operation an advantage. What kind of situations should a farmer be preparing for? What other planning should be on the docket, and who might be able to help us achieve these preparation goals?