The Rural Voice, 2005-01, Page 19information and suggestions for
successfully entering this dynamic
industry. It's available to download
on the site at:
http://farmcentre.com/english/newfar
mer/beafarmer-english.pdf. A more
detailed, up-to-date print version is
available for $19.
Farm Credit Canada offers help
on its website http://www.fcc-
fac.ca including a "Farm
Finance Kit" to help both beginning
farmers and established farmers to
define the goals for their operation.
For those who have an off -farm job
but are dreaming of having a farm of
their own, they also offer something
called a "payday loan", allowing
them to get established for a
downpayment of as little as 10 per
cent.
Via the internet, beginning farmer
information is available farther
afield. PennSate University's College
of Agricultural Sciences offers
information at: http://agmarketing.
extension.psu.edu/begfrmrs.html
Food and Agriculture Policy
Research Institute at the University
of Missouri (www.fapri.missouri.edu/)
U.S. websites offer
mang resources
offers articles such as "What's it
Take?: Getting Started in Farming
Today".
NY FarmLink is a program to help
young farmers get into the industry
that Ontario could only dream about
with listings of farms for rent and
farmers looking to sell out. As well the
website (www.nyfarmlink.org/) offers
information buch as "Getting Started
in Farming: 5 keys to Success by N\
FarmLink director Steve Richards.
In the article Richards notes that in
New York, at least, two out of every
10 farm seekers in FarmLink's data
base may be successful in getting
started each year. The successful news
farmers have certain common traits, he
says: experience, equity; education and
a clear business plan.
Several of the websites offer advice
on seeking niche markets and high-
value products that allow farmers to
get started in a small way and build.
Some even offer advice on ways of
making money on small acreages.
Paul Nichol, Economic
f?‘Managing a farm is never easy
The business of farming is getting tougher. You need
professional advisors who are able to make sense
of the big picture, while still being able to take
action on the details. That's why BDO offices
throughout Ontario and Canada offer a spectrum of
professional services including:
- Pre -year end tax planning
- Income tax return preparation
- GST problem solving
- CAIS application assistance
- Intergenerational farm transfers
- Capital Gains tax planning
- Business planning
- Personal financial planning
- Estate planning
- Auditing
- Accounting/bookkeeping
- Computer/management services
Our fees are competitive, our service is personal.
Call us today. We'll help you succeed.
OBDO Dunwoody
Chartered Accountants
and Advisors
Hanover Kincardine
(519) 364-3790 (519) 396-3425
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(519) 376-6110 (519) 832-2049
Wiarton Wingham
(519) 534-1520 (519) 357-3231
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(705) 445-4421
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(519) 941-0681
Mitchell
(519) 348-8412
Stratford
(519) 271-2491
Woodstock
(519) 539-2081
•
Talk to us about our complimentary review of your
operations and last year's financial records.
LLP
Mount Forest
(519) 323-2351
Walkerton
(519) 881-1211
undalk District Credit Union Limited
Community Banking &
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JANUARY 2005 15