✔️Feed & Grain’s Post

"A healthy separation between closely held companies and their owners reminds owners they are not their companies, and vice versa.” I recently returned from Dick Wittman and Lance Woodbury's 'Train the Trainer' session and one of my takeaways was the increasing need for advisory boards and boards of directors for growing agricultural enterprises. "In the end, ask yourself if your farm or agricultural business can benefit from “hybrid vigor,” the scientific principle that the offspring of genetically different parents (in this case, the owners and the independent board members) exhibit increased vigor, yield, and general health, which translates to improved business growth and profitability." Check out this article from Purdue: https://lnkd.in/gU4VNqtF

In the fast-paced world of agriculture, it's easy to overlook the fundamental role that relationships play in driving the industry forward. The sector's rapid changes are affecting the way we connect and collaborate. By examining the current state of professional interactions, from the decline in direct communication to the increasing reliance on digital platforms, we need to reconsider the balance between efficiency and personal engagement. https://lnkd.in/ghz-HsAC

With efficiency, cost-sensitivity and transparency being the values that guide us every day, we are proud to be working with individuals and businesses such as Andrew Milne and Spier Wine Farm. #FuturaSA #FinancialWellbeing #FundAdministration #Testimonial

In a time where digital interactions often replace genuine connections, I find myself nostalgic for the era before caller ID – where every call was a surprise and demanded a certain level of engagement and politeness. My latest blog explores this very theme but through the lens of our current professional landscape in agriculture. It seems our industry, like many others, faces the challenge of maintaining meaningful relationships amidst technological advancements and systemic changes. Are we truly connected, or are business relationships in agriculture hanging by a thread? https://lnkd.in/gKHA3nYn

Brosé Wine is a lucrative investment prospect with exciting tax incentives. We're not just raising a glass; we're raising the bar! Uncork the potential of this EIS-approved investment opportunity today! Contact us or visit our website to learn more. #westbrookeassociates #broséwine #investmentopportunity #financialgrowth #taxadvantages #investmentportfolio #raisethebar #investwithconfidence

🌟Wrapping up our Principal spotlight series, let's welcome Alex Wilson, CPA, as he joins the Principal group! Alex, based in our Alma office, specializes in the Cannabis and Agribusiness sectors. 📽️ Watch to meet and learn more about Alex's journey below.👇 #NewPrincipal

What Successful Businesses Do? (Gerard Finnan - Sherborne) I was chatting to a client of mine’s retired parents recently. We were having a conversation about the growth and success of the dairy farming business over the years that their son is now running successfully. As an aside, to be successful doesn’t mean relentless expansion, it is getting the business to successfully achieve the aims and objectives of the partners.  To read more, follow the link below: https://lnkd.in/drpCHXns

LinkedIn is full of 'get rich quick' and "I sold 3 businesses at the age of 21" right now; it is all so illusory; but what is not is this.... According to a Northern Trust report, engaging with companies on nature is becoming increasingly important. The report highlights some sobering facts, including the staggering numbers surrounding beef production. Let's take a moment to reflect on this important issue. #nature #sustainability full report in the comments 👇

MCA grants a five year dematerialisation breather for producer companies: In a significant move, the Corporate Affairs Ministry (MCA) has granted relief for “producer companies”, extending the compliance window on mandatory dematerialisation of their existing shares. Producer companies, who were earlier required to complete dematerialisation of their shares by September 30, 2024, have now been given time till end March 2028 to achieve full compliance. In October last year, MCA had mandated that all private companies (other than small companies) will have to dematerialise existing shares by end September 2024. Also the private companies were mandated to issue new securities only in dematerialised form. A “Producer Company” is a corporate entity designed for farmers and producers, primarily involved in agriculture and related activities. As a legal entity, they are recognised as a company under the Companies Act, facilitating more accessible credit, and better post-harvest management. Ownership and membership of such entities is held only by "Primary Producers" or "Producer Institution", and member equity cannot be publicly traded. (source: business line) #mca #producercompany #companiesact #dematerialisation

Evan Shout’s newest blog post looks into why so many business plans in agriculture don't quite hit the mark. What’s the deal? Accountability. It's not about high-flown jargon or unreachable ideals - it's about making those goals stick and turning plans into action. How are you making accountability a part of your success story? Check out the blog and let's get the conversation going. https://lnkd.in/gcVsdbkf