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How to develop financial statements and what to do with them

Farmers prefer to spend their time in the tractor or barn… and less time to develop financial statements. Because of this, many farmers and ranchers struggle when preparing financial records for their businesses. Here are two questions we often hear from farmers...

Profitability vs Cash Flow

Profitability and cash flow are two important business concepts that can be confused by many small business owners. Just because a business is profitable, doesn’t necessarily mean it cash flows. Alternatively, a business can have positive cash flows and not...