In today's show, Tracy and Terry discuss the controversial and often emotional subject of farm growth in an episode titled "Is Bigger Always Better?"
As the original entrepreneurs, farmers like to grow and develop their operations. It is what good farmers do, right? Nowadays, looking at our current farming landscape, we might ask if farmers have become obsessed with growth for the sake of growth? If so, how did we get to this point? Tracy and Terry explore these questions, plus they review some of the "hidden" costs, financial concerns, and important considerations that tend to get brushed aside, or completely forgotten, amongst the emotional excitement surrounding new opportunities to grow the farming operation.
Are you looking at growing your operation? Have you asked yourself why? Too often, growth is not questioned. Have you considered all angles, both good and bad, of the opportunity?
As a Farm Management Consultant, Terry has an extensive career dedicated to helping farmers make the right decisions for their farm business and family. We are excited to have him join us in this episode, where we explore the feather-ruffling topic of farm growth.