Novice Farm Finance Management

Date: January 11, 2017 - February 1, 2017
Time: 7 - 9 p.m.
Location: Houghton County Extension Office, 1500 Birch St. Hancock, MI 49930
Contact: Frank Wardynski, 906-884-4386, wardynsk@anr.msu.edu

Learn how to:

  • Organize your farm accounting
  • Develop detailed balance sheets
  • Analyze farm profitability
  • Grow the farm business with sound financial measures


If you….

  • Struggle with tax preparation
  • Don’t develop end of year balance sheets
  • Don’t annually analyze farm profitability
  • Don’t understand debt to asset ratio, working capital, liquidity, solvency


.......then you need to attend this program.

Session 1: Jan. 11, 2017

  • Farm accounting
  • Paper records and software programs
  • Develop farm accounts
  • How to build detailed balance sheet
  • How to use balance sheet information

Session 2: Jan. 25, 2017

  • Analyze to form business income statement
  • Understand budgeting for the future
  • Financial measure of ratios

Session 3: Feb. 1, 2017

  • Webinar with Dennis Stein
  • Farm business advice
  • Q & A session

Cost of the three sessions is $25/farm family.

 

Register

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