MNP Library
Are you looking for key resources to help you grow? Our articles provide you with valuable information on a wide range of corporate finance issues. To access these articles simply click on your area of interest in the navigation panel to the left.
Virtually everyone will agree that we are in challenging times. There are the obvious challenges, external to the farm itself, relating to drought, grasshoppers, BSE and the list goes on. Government programs, trade related issues and dollar exchange rates are a few more.
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There is, and correctly so, quite an emphasis placed on the importance of getting your ‘succession’ plans in place. And there is a lot of discussion within the industry, trying to understand why more farmers are not actively working on this important issue within their farm businesses.
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The recent increase in property values has a lot of people talking. Everyone seems to have seen a home in their neighbourhood sell for far more than they would have imagined a year or two ago.
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While aspiring entrepreneurs continue to open their own wineries, there’s more to opening a new business than deciding whether to grow organically. Besides figuring out your licensing requirements, you need to know which taxes and duties to pay - and what recording and reporting you are responsible for.
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Recently Meyers Norris Penny conducted a “state of the industry” report aimed at evaluating traceability in the B.C. agri-food sector, including potential areas for improvement.
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The new BSE reality has led many producers to consider diversifying their businesses by investing in beef packing plants and other ventures. If this includes you, getting the support you seek with outside investors will require a business plan that goes well beyond, “I know in my gut this is the right thing to do!”
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