Business Management

Leverage third parties for exponential growth

September 2019—

Shawn Kanungo, in his presentation on “Leadership in a world of disruption” at the Canada Crops Convention in Montreal earlier this year, says a business can greatly expand its profit-generating capacity and reduce its time-strain by leveraging outside help.

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Business Management

Does it still make sense to incorporate a farm?

March 2019—

Changes to the income tax rules have made it harder to benefit from the small business tax rates within a corporation, but incorporation can still have significant benefits over a sole proprietorship or partnership for many Canadian farms.

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Business Management

7 practices to improve farm management

November 2018—

Farm Management Canada has identified seven practices that are common
among top farmers. One is to have a written business plan that they follow and
review annually. Only 26 per cent of farmers do this, according to an FMC survey.

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