Nothing is off the table.
(When it comes to improving your bottom line)
I get it. Inputs are expensive. Equipment prices are ridiculous. And our crop is not certain. All-in-all margins are tight.
Farmers must keep their pencils sharpened. When it comes to making money on the farm, do not discount any possibility of perhaps dealing with grain buyers and locations even if they are new to you or farther away. At the end of the day, every cent matters. That's what's great about Farmbucks, you can see far and wide where your price opportunities are and it’s as easy as a phone call away. (Phone numbers are provided when you click on a company's tab)
Did you apply for CEBA (Canada Emergency Business Account)? It's worth noting that farmers are able to apply for CEBA. I know, I know, you didn't get into farming for subsidies. Well, this one could help, so don't be so stubborn. Take a look is all I ask.
The government extended its eligibility criteria to include those who do not have payroll over 20k. So, many of us that are self-employed, in partnerships or corporations would qualify. It is a 40k interest-free grant and if you repay 30k by Dec. 31, 2022, the government will forgive 10k! Deadline to apply is Aug. 31, so if you plan to apply, do it asap. You can apply online through your financial institution or click here.
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