Harvesting financial gain for your agribusiness
It’s tough to be in the agricultural business.
In addition to overcoming accounting, financial, operational, and wealth management issues, as an owner or manager of an agribusiness, you may face challenges related to forecasting, managing, and planning for success. From help with issues like how to respond to market volatility to labor force limitations to succession and generational planning, there are numerous obstacles to navigate to ensure your financial goals are being met.
Family farms and corporate entities involved in many different types of crop production (farming and contract farming), as well as businesses focused in agrichemicals, breeding, distribution, farm machinery, processing, seed supply, and marketing and retail sales are among those we help.
Though agriculture business owners and managers face many uncertainties, the industry is full of opportunity.
ABBB provides the following service solutions to companies, organizations and individuals in the agricultural industry:
Agreed Upon Procedures, Review and Compilations
Services for providing insight into the accuracy and validity of your agribusiness’ accounting and financial information to discover and correct issues, install controls, assist with financial decision making, and respond to 3rd party financial information requests.
Business Advisory and Consulting
For agribusinesses seeking guidance in areas such as input cost analysis, cash flow management, breakeven analysis to pinpoint profitability by parcel, grain marketing, strategic planning, growth opportunities, business transformations, or selling, merging, or transitioning their businesses in response to new situations.
Outsourced Client Accounting
To help agribusinesses manage their business easier via outsourcing back office accounting functions like payroll, accounts payable and accounts receivable, analyzing areas for automation and implementing cloud-based solutions, and training staff on new software and procedures.
Tax Planning and Compliance – Business
Tax minimization strategies and tactics at the corporate level with a focus on capturing relevant federal and State of Kansas incentives, credits and deductions for agribusinesses.
Tax Planning and Compliance – Individual
Tax minimization strategies and tactics for individual farmers and their families with a focus on opportunities under the new Tax Cut and Jobs Act and recent changes to State of Kansas tax requirements. We also help with tax strategies related to succession planning and exiting the business.
Working with farmers and farm families to develop and implement customized strategies for achieving long-term goals, strengthening your financial security and maintaining your quality of life.
Other ABBB Solutions
For a confidential discussion of your issues and needs, please contact our Agriculture Team Leader, Bill Glazner, using the fillable “Contact Us” form on this page.
For more than 20 years we have had a strong, stable relationship with Adams Brown. Their knowledgeable team has a strong understanding of our business and have been great partners. They have been instrumental in improving our business and financial operations over the years. We have never considered changing firms and would recommend them to anyone without reservation.
Walt Hill – High Plains Mental Health Center
The prompt, personal service provided by the Adams Brown team is the best benefit in working with this firm. They offer knowledgeable advice and help my business plan for any eventual scenario. Their guidance and support show their commitment to helping our business succeed. I would recommend them to anyone looking for an accounting firm that has the best interest of the business and its success at heart.
John VonLintel – JROBB, LLC
Par Exsalonce has used Adams Brown for over 10+ years for our payroll needs and have found them to be informative, helpful and accommodating. The salon is quite large and we are constantly adding new employees to the two locations. In addition, they handle insurance, IRA, Aflac and other deductions we throw at them! The entire team is wonderful to deal with – from the receptionist to the accountants that handle our diverse business needs. We could not ask for a more knowledgeable and dependable group of people. Our thanks to them many times over!
Teri Mills – Par Exsalonce
“With Adams Brown, we don’t just get a financial advisor – we get a business partner. Our engagement team does an excellent job serving our needs and continually works with us to develop a plan for long-term success. When we come to them with a question, they go above and beyond to get the answer. Knowing we have that kind of support and dedication from our CPA is important. Our company has been in business a long time, and having a partner like Adams Brown will help keep us on a successful path for many years to come.”
Gary Shorman – CEO, Eagle Communications, INC.
“I own a small business that has been running for over 40 years. I am proud to say we have been with Adams Brown for many of them! I am very pleased with the service they provide and their commitment to helping me grow my business. When I first began working with Adams Brown, I received guidance and a set of guidelines to follow that helped me achieve my business goals. I have full confidence that if I am unable to reach my main contact, I will still receive the best service so that I can stay on track. I highly recommend the team at Adams Brown.”
Dan Woolard – Midway Manufacturing, INC.
Analyze Profitability Down to the Field Level By Bill Glazner, CPA Farmers know the last really profitable year for agriculture was 2014, with foreign competition, changes in American dietary habits,…
Cash Management and Cost Containment Key as Pandemic Surges By Bill Glazner An uptick in COVID-19 cases in farm country has led farm owners to access federal tax credits and…
Hamburger Prices for Filet Mignon Cattle By Bill Glazner, CPA Federal relief programs aimed at stemming economic losses caused by the COVID-19 pandemic have fallen short in terms of meeting…
Webinar Provides Guidance on Government Funding Out of all the industries negatively impacted by the coronavirus, agriculture continues to face a lot of unknowns. At first, agricultural producers were barred…
The invention of the tractor disrupted the need for the horse drawn plow. Today, rapid changes – technology and otherwise – continue to disrupt the agriculture industry.
These emerging trends include data analytics, using enhanced management tools for strategic management, and contending with niche markets and niche producers.
Don’t wait around because the future has arrived!
Agriculture Businesses Team Leader: