Agriculture Businesses

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. 

Solutions

Adams Brown provides the following service solutions to companies, organizations and individuals in the agricultural industry:

Agreed Upon Procedures

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.

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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. 

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outsourced_client_accounting

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.  

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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.

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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.

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wealth_management

Wealth Management

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.

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Other Adams Brown 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.

Testimonials

  • 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.

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What’s Next

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:

Bill Glazner

Agriculture Businesses

Contact Us:

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Auditors | Accountants | Consultants | CPAs – Adams Brown is a Certified Public Accounting firm serving high net worth individuals and businesses across the central United States, including Kansas and Arkansas offices in Wichita, Kansas City, Great Bend, Colby, Hays, McPherson, and Jonesboro (AR). The firm provides a variety of tax, audit, consulting, and advisory services to guide businesses toward their goals.  Key industries served include agriculture, construction, government municipalities, professional services, and manufacturing.  To help businesses recover from the COVID-19 pandemic, we provide a variety of consulting services including outsourced accounting, cash flow planning, and comprehensive tax review.