By Scout Nelson
For over eight decades, the Kansas Farm Management Association (KFMA) has been a trusted partner for Kansas agriculture. With a team of 24 economists embedded within K-State's Ag Economics department, KFMA offers farmers invaluable support.
Their mission is simple: empower farm families with data-driven insights for smart decision-making. From sound accounting systems to on-farm consultations, KFMA provides a comprehensive suite of services:
- Financial analysis: Accrual-based whole-farm and enterprise reports help farmers track performance and compare with similar operations.
- Tax planning: Year-end tax strategies and integrated planning ensure financial stability and optimize returns.
- Investment guidance: Experts assist with asset allocation, marketing, and succession planning for long-term success.
- Business structuring: KFMA offers advice on entity formation and structure to optimize your operations.
Organized into six regional associations, KFMA leverages a central information hub called K-MAR-105. This data bank fuels research and extension efforts, benefiting not just members but the entire Kansas agricultural landscape.
Photo credit: kansas-farm-management-association
Categories: Kansas, General