Understanding the Finances of an Ag Business
Farming is a specialty business. When you live where you work and work where you live, managing your finances gets complicated. When Jonathan Keller, a second-generation farmer at Penn Valley Farms in Lititz, PA, became more involved in the business, he realized a gap in his understanding of his expenses. He also wanted to better understand his income to grow his business and gain peace of mind. By partnering with ENB, Jonathan now understands the value of financial reporting and how those reports can lead to profitability. In the first installment of our video series on issues facing Farmers, we share Jonathan’s story and the lessons he learned on his journey.