Changing markets are having a significant impact on China’s agricultural industry in recent years. The family farm is becoming a sophisticated operation where strategic financial and business advice is vital.
We continue to hear from and work with our clients year after year to address their most pressing questions and issues, often including:
. Issues requiring government involvement
. Food safety and the environment
. Profitability and financial management
. Time and labour management
. Business transition
. Marketing
Assessing risks
We can help you mitigate risks by helping with government-offered programs, attaining higher margins through hedging strategies, wealth preservation, cash flow analysis and maintaining liquidity in volatile markets.
Adding value
All industries are looking to increase production and capital, and agriculture is no different. Many of our clients have increased their on-farm profit by:
. Tax planning. Maximizing access to capital to reinvest in their business. Establishing value chain relationship
. Improving business and supply chain methods. Consolidating purchasing power. Identifying and supplying niche markets (ethnic, organic, sustainable, local)
Agriculture specialties
Farming and ranching are constantly evolving industries. Our team can help you address your changing needs in:
. Agribusiness
. Animal Production
. Crop Production
. Other Agricultural Production
Services
We have worked with a large number of producers and agribusiness owners, gaining hands-on farm experience and knowledge. This experience helps us to understand the issues affecting your business ― whether dealing with gaining access to capital, AgriInvest and AgriStability claims, financial statements, or business transition plans.
BDO can offer you customized services, including:
. Audit and assurance (bookkeeping, financial statement preparation, payroll services) . Risk management
. Taxation (personal, corporate, commodity, tax reorganization)
. Financial advisory
. Business transition (succession planning, estate planning)
. Technology solutions
. Transaction services
For more information on our specialized services, please view our brochure
Industry involvement
We have extensively worked with agriculture industry clients as their accountants, taxation advisors and trusted business consultants. Our agricultural partners are active in the industry and, in some cases, run their own farms. Many participate in local, regional and national agricultural initiatives, as well as committees and boards. Our industry involvement specifically in China includes:
. Chinese Association of Farm Advisors (CAFA)
. Chinese Farm Business Management Council (CFBMC)
. China's Outstanding Young Famers Program (OYF)
BDO partners with FCC Drive Away Hunger 2012