Success in farming today requires more than just being a good farmer. It also requires that you be a financial strategist. It's important that you have a well-thought-out and well-executed plan for using money to make money. It doesn't take a mathematician or an economist to know that, over the long run, a business that manages its risks is likely to make more profit than a business that just accepts risks.
Learn management advantages and how they can help lower your risks, develop profit opportunities, and ensure your farm's prosperity. Kenny and Jerilyn Wade founded Wade Farm Financial Services in 1985 in order to cater specifically to farmers' unique financial needs. For the first six months they ran the business out of their Mayfield home until they were able to rent a space at the Graves County Farm Bureau building in 1986.
Learn management advantages and how they can help lower your risks, develop profit opportunities, and ensure your farm's prosperity. Kenny and Jerilyn Wade founded Wade Farm Financial Services in 1985 in order to cater specifically to farmers' unique financial needs. For the first six months they ran the business out of their Mayfield home until they were able to rent a space at the Graves County Farm Bureau building in 1986.
Services
This comprehensive package includes a Fair Market Value balance sheet and an accrual income statement, with yield and efficiency reports for use in increasing your borrowing and repayment power. Farm records provide the foundation of accurate information. We balance our records to bank statements, loan documents, crop insurance reports, tax documents, and internal crop production reports.
A cooperative effort between WFFS and you to plan for tax liability and develop strategies for tax reduction, as well as advice on buying and selling for tax advantages. Preparation of your personal, partnership, LLC, or corporation tax returns by skilled and experienced individuals knowledgeable about your farm and all the tax laws affecting farmers.
Our sister business, Kenny L. Wade Farm Analysis LLC, provides a whole farm comparative analysis to individual row crop, tobacco, poultry, and contract hog farms in Western Kentucky and Northwest Tennessee. They also provide statistical summaries to agricultural lenders.
Farmers with reliable information about their solvency, liquidity, profitability, and efficiency make better decisions about when to expand or reduce their farms, when to alter or improve individual farming practices, or when to leave unchanged their profitable practices.
Farmers with reliable information about their solvency, liquidity, profitability, and efficiency make better decisions about when to expand or reduce their farms, when to alter or improve individual farming practices, or when to leave unchanged their profitable practices.
Reviews
Be the first to review Wade Farm Financial.
Write a Review