AgKnowledge provides the grower with business planning and preparation. It all starts with knowing your cost and setting a spending plan for the forthcoming crop year. Our analytical approach to establishing a budget and plan for the operation is the first step to growing the business in the short and long term. Once the plan is established, the AgKnowledge analyst will assist the farmer to secure financing with his banker, or if desired, will help to establish a new banking relationship. The company will also assist in interaction with other professionals, including accountants and attorneys. Compliance with FSA guidelines is a vital part of the modern farming operation. AgKnowledge will administer company meetings on a quarterly, semi-annual, or annual basis, to assist partners who are actively engaged in the operation with business issues and reporting…

The AgKnowledge analyst will also monitor income and expenses and report back to the client on a monthly basis. Monthly Income statements will be compared and analyzed thoroughly and adjusted to form a projection for the crop year. AgKnowledge looks at the operation and projects a crop year income, not just a calendar year income, so the grower will know if he is gaining ground. The analysis of seed, chemical, and fertilizer costs, which can be 60% of total costs, monitors and accounts for numerous transactions, and provides the grower with an organized report with which to make decisions in thepresent and future. AgKnowledge calculates and re-calculates the Break-even points for each crop, so the grower can market effectively and successfully. This “margin management” is critical to the success of any operation.

Balance sheet preparation and Financial Trend analysis is also performed, to discover the financial health of the operation and to make plans accordingly. Anytime a client needs to provide a balance sheet to a creditor, AgKnowledge will take the reins and fulfill the necessary steps to update the operation’s financial status.

Any small business must be able to make quick changes in order to stay competitive and to be viable, and knowing how the changes affect the bottom line is paramount. AgKnowledge is able to provide relevant analytical work on land rent, equipment purchases or rent, labor costs, crop insurance purchases and effects, and any other dynamic that will help the grower increase efficiency, protect his crop, or expand his business. Additionally, we will analyze the financial impact on any special projects that the client is considering undertaking such as row-width adjustments, land-forming return, and other capital expenditures.

Lenders look at your operation and size you up. They make decisions on what they can do for you based on your business performance. AgKnowledge has the ability to compare you to your peers and show you where you rank. As business decisions need to be made, the AgKnowledge analyst can tell you how much you can invest and still maintain a top performing status. This comparative method helps you to know how to improve your standing or how to keep your position at the top.

Your business information is stored on our secure servers, and is backed up on a constant schedule. If something happens to your computer or files, your important information can be accessed from the AgKnowledge servers immediately. We will take your operation into the future with confidence that your data is stored and protected for future use.