• Livestock

Nurturing growth every step of the way

The business issues facing farmers today are challenging them to adapt—sometimes unexpectedly. Global competition, government regulation, trade agreements, declining operating margins all play a role in these challenges. It’s important to be prepared to handle these challenges and leverage opportunities.

No matter the type of farm, financial management needs to be on track in order to react to every evolving situation. Our deep-shared agricultural knowledge means BDO can service all our livestock clients with specialized information and services, such as utilizing our industry-leading benchmarking. For some livestock farms in Canada, the quota system significantly affects gross margins, cash flow, and the way farmers invest for the future. Our accountants can help you navigate these systems with extensive experience, knowledge, and strategies about supply management.

One of the biggest issue with livestock farming is managing cash flow and growth. We offer accounting, tax planning and structuring, incorporation guidance, and bookkeeping services, among others to help farmers make informed decisions. We can review financial statement data to identify benchmarks for managing profitability and can help with succession planning—even if you’re not sure where to start.

Whether you are managing loans and debt repayments, capital structure, or ensuring positive cash flow by managing profitability, we want to help farm clients make smart strategic decisions based on financial information.

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