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, 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.
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.
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
Recent Posts
What does the New Farm Bill mean for you?
Understanding the Agriculture Improvement Act of 2018 By William “Bill” Glazner, CPA, CITP The Agriculture Improvement Act of 2018 was signed into law on December 20, 2018. Pieces of legislation…
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
Contact Us: