UnCommon Farms Blog

How to Ensure a Smooth Transition for Your Family Farm Succession planning is one of the most significant and deeply personal challenges a family farm can face. It’s not just...

Running a successful farm requires juggling countless tasks, from managing day-to-day operations to making big-picture decisions. Farm accounting often gets overlooked, yet it’s a...

Running a successful farm requires more than just hard work in the field—it also takes a solid understanding of your financial reports. Whether you handle the farm’s accounting...

“What's considered enough money? Just a little bit more.” — Will Rogers “If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's...

Of all the things raised on a farm, the most rewarding and the most challenging are always our children. At tax time, our kids bring us some extra joy. There are a variety of...

When buying or selling farmland, understanding how capital gains and the calculation of an asset's basis can impact your taxes is crucial. This article explores the basics of...

When you buy farmland, it is often the case that you are buying tillable acres and only tillable acres. Sometimes the farmland comes with buildings or other assets. Many times our...

More, More! Better, Better! Faster, Faster! Tremendous productivity and efficiency strides have been realized in the production of food and fiber. This has not made farming more...

At the very core of finance sits the time value of money (TVM). Every decision about what something is worth begs the question, “worth when?” If in ten (10) years, then maybe the...

One cannot stress enough the importance of capital management for your business. All of the efforts you have invested to produce an operating profit, from your farm’s operation...

Have a client that wants to retire but is unsure of how to gain the most value from their land? They are not alone. In the US alone, around $30B in farmland assets will transfer...

Have you ever had to deal with a farm employee who is just “difficult” to manage? As a manager, you are eventually going to encounter an employee who is difficult to work with....

Building a successful family farm business that lasts multiple generations involves distinct challenges. Less than one third of family businesses survive the transition from the...

Being a part of a multi-generational farms hold a rich history and tradition, but also brings unique challenges when it comes to succession planning and maintaining business...

During busy seasons, farm safety can take a backseat to other business priorities critical to success. However, safety needs to be part of your critical success factor. Just one...

It is essential for farm families to carefully assess the lease arrangement that best suits them and their landowners. While some may already have a specific lease type in place,...