Steve Allard is the Chief Credit Officer and is based in Louisville, Ky. He leads the credit approval, special asset and appraisal functions for Farm Credit Mid-America.
More from this author: Financially Speaking: Hiring a Financial Advisor (Episode 9), Cash Burn or Cash Build
“We can do marketing and machinery costs on our own, but I have to view the big picture. And that’s where the financial advisor comes in.”
Untracked, small withdrawals can leave a big dent on your balance sheet
The cost of labor can trickle down your balance sheet if you’re housing unnecessary equipment
While calculating your working capital, be sure to avoid these common pitfalls
These two measures are key to understanding your operation’s financial position
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