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The Role of Business Consulting in Agriculture with Risk Mitigators

By
Real Estate Agent with eXp Realty DRE# 01997670

Agriculture is an industry deeply rooted in tradition, yet it faces ever-evolving challenges that require modern solutions. Farmers and agricultural businesses are experts at cultivating crops and raising livestock, but the complexities of running a successful operation often extend beyond the fields. 


This is where the role of business consulting becomes indispensable. Companies like
Risk Mitigators and Advisers step in to bridge the gap, providing strategic advice and support that helps agricultural enterprises thrive in today's competitive market.


Recently Realtor Linda Peltz had the privilege to host a discussion with Paige Gilligan from Risk Mitigators. They are covering topics about risk management for farmers and ranchers. Tune in to video below for more

 

 

 


Understanding Business Consulting in Agriculture

Running a farm or an agricultural business is far more than just planting seeds and harvesting crops. The modern agricultural landscape involves navigating financial planning, regulatory compliance, risk management, and long-term strategy development. 


Farmers are incredibly skilled at their trade, but they often lack the time or expertise to focus on the business side of operations. This is where a trusted business consultant, like Paige Gilligan from Risk Mitigators, becomes a valuable asset.


Paige Gilligan, who founded
Risk Mitigators and Advisers in 2018, recognized the need for specialized business consulting services within the agricultural sector. Unlike a pest control advisor or a certified crop advisor, Paige focuses on the growth of the business itself rather than the crops. 


Her approach is to become a strategic partner, helping farmers and agribusinesses with everything from business planning to management reporting and loan preparations. Her philosophy is simple: "Do what you do best and outsource the rest." By allowing farmers to concentrate on their core activities, she helps them navigate the often-overlooked aspects of running a business.


Partnering With Agricultural Business Consultants

Agricultural business consultants offer a range of services that are crucial for the success and sustainability of farming operations. One of the key areas is valuation services, where consultants like Paige assess the value of personal property such as machinery and equipment. 


This service is particularly important during estate planning or when securing loans from financial institutions. Paige’s expertise allows her to conduct due diligence for banks, verifying collateral and ensuring that all financial aspects are in order.


Another critical area is water risk analysis. With the Sustainable Groundwater Management Act (SGMA) impacting water usage on agricultural properties, it has become essential for farmers to understand how these regulations affect their operations. 


Paige helps them develop business strategies that optimize land use while complying with water restrictions. By identifying the most productive areas of a property and suggesting alternative uses, such as solar energy or water retention projects, she ensures that farmers can continue to make profitable use of their land.


At Risk Mitigators, the focus is solely on agriculture, providing services such as machinery and equipment appraisals, business consulting, water risk analysis, and collateral due diligence for banks. These services are not just about solving immediate problems but about creating sustainable, long-term strategies that help farmers and agricultural businesses grow and succeed.

 

The Essential Role of Business Consulting in Agriculture


Why Choose Risk Mitigators?

Risk Mitigators stands out as a trusted partner for agricultural businesses looking to enhance their operations. With a deep understanding of the unique challenges faced by farmers, they offer tailored solutions that address both the day-to-day management and the long-term strategic planning needed to thrive in a competitive industry. 


By focusing on the business side of agriculture, Risk Mitigators allows farmers to do what they do best—grow crops and raise livestock—while ensuring that their business is on solid ground. Whether it's navigating new regulations, securing loans, or planning for the future, Risk Mitigators provides the expertise and support that every agricultural business needs to succeed.


Specializing in business strategy, valuation services, and water risk analysis, they offer essential support to farmers and agricultural businesses. Whether you need help with business planning, securing loans, or adapting to new regulations, Risk Mitigators provides the expertise you need to succeed.




Risk Mitigators

Paige Gilligan

Office 559-549-2850

www.riskmitigators.net

agsolutions@riskmitigators.com

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Call me for further details:

Linda Peltz, eXp Realty | DRE 01997670

Cell 559-353-4556 

lwpproperty@gmail.com

Michael Elliott
Fathom Realty - Burlington Township, NJ
Burlington, New Jersey Residential Sales

What hard work!   I have tremendous respect for our farmers !

Aug 18, 2024 02:41 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Linda. As farming becomes a specialty business, navigating the terrain beyond the farm after the crops are harvested and the animals fattened, is terrain best traversed with a professional guide. Enjoy your day.

Aug 18, 2024 05:15 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

If I could start over, I would love to grow up on a farm.  I know crazy right? great information. Thanks for sharing it.

Have a super fantastic week!

Bill Salvatore, Realtor- Arizona Elite Properties

Aug 18, 2024 05:34 AM