The Agribusiness industry is vital to our country and, more importantly, California economies. The businesses in the agriculture sector deliver a key ingredient to humans: food. According to Ibisworld, agribusiness contributed more than $2.7 trillion to the US market in 2021. The product and service providers in the Agribusiness sector share many challenges and opportunities:
The CFOs2Go Partner team is uniquely qualified to address the current and emerging issues in the Agribusiness landscape. Our team has more than 100 years of experience and are capable to assist in successfully developing business and financial solutions. We are located in the Agribusiness epicenters in Northern California: Napa, Sonoma, Central Valley and the Monterey Peninsula. The CFOs2Go Partner team has established relationships with attorneys, commercial and investment bankers, auditors and specialty service providers; these relationships provide collaborative solutions focused on our clients.
Vineyard and Winery Operations
Vineyard and Winery Owners and Operators are unique agricultural entrepreneurs who share an industry passion to balance the love of wine-making and with the economic benefits of the wine-making effort. The current wine industry environment necessitates the trusted advisor to navigate the financial implications associated with direct-to-consumer regulations and operations, channel distribution, water, and energy conservation techniques, the trade-off of merging or acquiring another vineyard or winery, the importing and exporting of bottled wine, the appropriate level of financial controls for solid inventory management and retail operations, and implementing point-of-sale systems. A company has just so many resources to attack the ongoing challenge of balancing business priorities; priorities are not always sequential to allow orderly management. We assist in focusing your financial operations.
The 2016 passage of California Proposition #64, the legalization of cannabis for recreational use, has generated approximately a potential $24 billion revenue opportunity for California by 2025. Most cannabis growers and service providers have multiple needs to satisfy their cannabis business objectives. Some of the discrete business requirements are: establishing banking or alternative-banking and financing relationships, creating financial management systems, ensuring compliance to the evolving California legislation and taxation policies, determining the necessity of co-existing with winery operations, and forming alliances with attorneys and other supply chain participants.
Agricultural Crop: Products and Services
The key business imperative for crop growers and service providers is to do more with less. It is no mystery the price of food is not elastic. The supply chain providers constantly identify, assess, and implement new technologies to: 1) improve product safety, yield, and labor productivity; 2) reduce energy and water consumption; 3) deploy sustainability programs; and 4) improve profit margins and cash flows.
We advise and assist agricultural companies to: