Spring CFO Articles

Building an agribusiness finance team requires the right mix of processes, technology and people By Craig Macfie Typical growing pains for an agribusiness include managing the overhead of accounting and finance. I like to think of the operations and sales team as the invading army – looking to conquer more acres, market share and revenue. Meanwhile the accounting and finance team functions in a supporting role as the supply lines, providing up to date information and go-forwa

By: Craig Macfie How much cash runway does your business have? I write this during harvest time when many of my farm clients are...

Photo credit: Sixteen Grains, Saskatoon, SK By Craig Macfie It didn’t take long in my accounting career to learn that farmers don’t like...

Since 2024, Spring CFO has helped family farms and agribusinesses secure over $50 million in new bank credit facilities. This financing...

(Source: Global Ag Risk Solutions Western Canada data) By Craig Macfie The cost to farm in Western Canada has doubled in the past fifteen...

To fully digitize farm bookkeeping involves accounting software coupled with a digital receipts and record-keeping system By Craig Macfie...

By Craig Macfie It looks like 2022-level profitability is over for farms in Western Canada. The decline of commodity markets combined...

Capital is required to grow the farm business but sometimes it takes an innovative approach By: Craig Macfie Agriculture’s future will...

By Craig Macfie Capital + Risk + Execution = Farm Growth “Change is inevitable, growth is optional” is a quote from John C. Maxwell. It’s...