Duration:
Watch for upcoming dates scheduled in 2015
9:00 am to 3:30pm
Location: TBA (to be announced)
Venue: TBA
Advancing Your Farm Financial Management is designed to help elevate basic knowledge in financial management to an intermediate level. This is not an expert course.
Particpipants will experience lecture/instructional components as well as activites and exercises intended to increase knowledge and comfort with financial analysis on their own farm.
Agenda:
1. How Can You Manage It If You Don't Measure It?
We will go over the importance of managing data, and go through a brief analysis of the participant's own farm financial situation. Particpants will learn the impact that the most common financial metrics have on their business.
2. Why Financial Management is Critical to Defining and Achieving Your Goals, and How Your Future will be Shaped by Today’s Financial Management Decisions.
Here, we will look at your financial and business goals, conduct a SWOT analysis, recognize the "gap" between where we are and where we want to be, and consider options on how to proceed.
3. Risky Business: How to Identify & Mitigate the Risks That Can Derail Your Plans.
Particpants will identify the risks they face, initate a plan to manage those risks, and create an action item list to follow through on when back at their farm.
4. The Action Plan
The Action Plan brings all the components of the learning together. The Action Plan will clearly outline goals, identify risks, and specify mitigating activities. This will form the foundation of a personalized plan that is applicable in the real world which particpants can use week by week and month by month in their own operation.
Cost:
Program cost TBD
GST is applicable to the program price.
Fee covers tuition and presentation materials.
Lunch is included.
Target Audience:
Advancing Your Farm Financial Management is a course designed to elevate the knowledge of particpants from "basic" to "intermediate." This is not an expert course, so those will a high level of financial management knowledge and experience will not find benefit from attending.
By the same token, those who need entry level instruction on financial management will be overwhelmed by this curriculum.
Recognition Provided:
At the completion of this program, participants will receive a Certificate of Completion from the course facilitator.
Method of Instruction:
Workshops
Instruction is a fairly even mix of lecture and exercises.
Participants will need to do some pre-course work in advance in order to receive full beneift from attending.
Availability of Program:
Agriculture Business:
Subject of Training:
Financial Management (includes production economics)
The agenda provides a fairly even mix of instruction/lecture and hands on exercises. The exercises require particpants to use their own business financial information.
NO PERSONAL FINANCIAL INFORMATION WILL BE SHARED INSIDE OR OUTSIDE OF THIS CLASS.
Participants will be required to do some course pre-work in advance of the course date.
Language of Instruction:
For program information contact:
Kim Gerencser
Last Updated: 2015-05-01