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Always insightful.

Farm Resilience beyond 2020: 3 Critical Actions for Ag Businesses

By K·Coe Editorial | October 23, 2020

Reading Time: 2 minutes The state of the farm economy has certainly seen better times.  After accounting for input costs, farmers and ranchers received only eight cents out of every dollar spent on food in the U.S. in 2019, according to the American Farm Bureau.  The remainder was attributed to costs beyond the farm …

Read moreFarm Resilience beyond 2020: 3 Critical Actions for Ag Businesses

Testing Your Tech Resiliency for Planned or Unplanned Events

By K·Coe Editorial | October 22, 2020

Reading Time: 3 minutes Due to the uncertainty of the future, COVID-19 effects, election results, and the increased IT risks that occur during and in the aftermath of such monumental events, it is crucial for organizations to be proactive and have a risk-oriented view of their environment.  Why?  Bottom line is that your business …

Read moreTesting Your Tech Resiliency for Planned or Unplanned Events

The New Normal for Managing Forecasts and Cash Flow: 3 Steps to Move Business Forward

By K·Coe Editorial | October 16, 2020

Reading Time: 3 minutes Cash flow management and forecasting are, and will always be, integral elements to business success.  But 2020 has changed the course of ‘business as usual’ for the forecasting process of manufacturing operations large and small, and all around the globe.  In fact, COVID-19 has drastically changed everything we traditionally apply …

Read moreThe New Normal for Managing Forecasts and Cash Flow: 3 Steps to Move Business Forward

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Getting Personal with Business Strategy

We don’t make any major business decisions without talking to K·Coe Isom. They are a partner who has taken a vested interest in our success. I appreciate that they can strategically organize our business so that growth isn’t a challenge. Being nimble and taking advantage of the right opportunities without restructuring our entire business model is key. The relationship we have with K·Coe gives us the sounding board and financial stability we need to be ambitious, while providing valuable insight for what has or hasn’t worked for other organizations.

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Turning the Tide Back in Your Favor

We would not be farming today if not for K·Coe Isom’s efforts.

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Managing a Well-Established Business

We want to be able to measure where we’re at financially so we can manage our risk. People grow corn and say their breakeven is $3.00. But they don’t figure the farm utility bills. They don’t figure equipment cost per acre and per bushel. That’s what we want to know. K·Coe Isom brings the right team together so we get a global picture, not just of the farm, but also of the feed yard and livestock feeding. This is the financial know-how that helps us take our business to the next phase.

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Staying Productive, Profitable, and Independent

As owners, we have made strategic moves to grow the business. Each time we do, we call our business advisors and K·Coe Isom is definitely one of them. They always come up with creative legally sound ideas for keeping money in the business. And that’s what lets us stay locally-owned.

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Establishing a Farm Legacy

Our farm operation is complex with a lot of moving parts. So whether it’s tax planning or estate planning, one thing will undoubtedly impact another. The people at K·Coe Isom are true professionals that know financials in the context of ag operations. They did a great job explaining the tax consequences and options. They made it understandable so we could get group consensus.

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Making a Difference in Your World

Sometimes you have to go out on a limb. That’s the only way you’re going to make a difference, in your business, in your community and in the world. By looking at sustainability from a multi-dimensional perspective, we’ve shown that growers can mitigate their risk and use their progress for a competitive advantage.

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RT @ILSoybean Join @ILSoybean for a free #webinar focused on the election directly impacting #farmers. Experts @kcoeisom Oct. 30 at 12 p.m. will explain the different tax plans of presidential candidates. *ISA is nonpartisan and does not endorse political candidates.

About 2 days ago from K·Coe Isom's Twitter