Making it add up

Jennifer and Geoff Bishop were wandering through the vast displays of Canada’s Outdoor Farm Show in the fall of 2010  when they spotted a soybean extruder. “When I first saw the machine, I had a few questions: How many tonnes a day can it do? How much oil does that...

Business plans and the enthusiastic minority

The numbers seem stark – barely one in five farmers has a written business plan. An extensive survey of 500 Ontario farmers conducted last year, which mirrors earlier research, found only 22 per cent of them had a written business plan. Still, most of the other 78 per...

The sweet smell of business in Nova Scotia

SEAFOAM, NOVA SCOTIA – Dave and Suzy Belt weren’t raised in farming communities but that didn’t stop the enterprising couple from forging ahead to establish a unique agricultural commercial business eight years ago. “My grandparents owned a...

Running Out of Gas: Family Business Succession

The research on family business shows that while many families have a “plan”, or start a succession plan, it “runs out of gas” before it ever reaches completion. It runs out of gas because there was no one in charge. No one who was willing to ask the hard questions...

Limitless horizons

Some people fear change. The Alary family laughs about it. “When we sit down to talk about the business, we talk about today but also about the future – we talk about the farm but also about our lives,” says Frédérick Alary. “We...