Mind Your Farm Business — Ep. 92: The importance of an accurate and complete cost of equipment per acre

If improving the cost of production is on your farming to-do list, starting with accurate numbers is a must. If the equipment side of the equation has you stuck on what to include, why, and how to get caught up on where your records should be, this is the Mind Your Farm Business podcast for you.

In this episode, host Shaun Haney is joined by Peter Manness, of MNP, to talk about different strategies to get the machinery/equipment number up to date, how to work in depreciation the right way, and why setting up for success might begin small.

Listen for why an accurate equipment cost is so important to the cost of production and how to get there. Can’t listen now? Download the podcast for later!

For a French subtitled version of the episode, click here.

Disclaimer: Royal Bank of Canada and its subsidiaries are not responsible for the information provided in this podcast, and this information does not necessarily reflect the views of Royal Bank of Canada or any of its subsidiaries. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its subsidiaries.

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