Planning for potential business disasters vital

By Dave Coggins
For MAA
Recent news showcased how more than 50 dairy farms were nearly devastated by the Canadian trade policies that forced Grassland Dairy Products to drop them as patrons. While that roller-coaster experience has ended with nearly all of the affected farms finding new processors, it should serve as a wake-up call for every farm owner to plan for the unthinkable.
Most farmers are well-equipped in terms of insuring their business against potential acts of nature. But many are not so prepared for other types of disasters that warrant having a “Plan B” if they want their business to survive.
While it’s human nature to want to avoid the unthinkable, planning for all types of disasters is a crucial part of farming operations.

Continue reading “Planning for potential business disasters vital”

Planning for potential business disasters is vital

By Dave Coggins
For MAA

Recent news showcased how more than 50 dairy farms were nearly devastated by the Canadian trade policies that forced Grassland Dairy Products to drop them as patrons. While that roller-coaster experience has ended with nearly all of the affected farms finding new processors, it should serve as a wake-up call for every farm owner to plan for the unthinkable.

Most farmers are well-equipped in terms of insuring their business against potential acts of nature. But many are not so prepared for other types of disasters that warrant having a “Plan B” if they want their business to survive.

While it’s human nature to want to avoid the unthinkable, planning for all types of disasters is a crucial part of farming operations.

Continue reading “Planning for potential business disasters is vital”