Farm Financial Planning I & II
Monday Feb. 26 and March 19, 2018
4-8pm, Olympic College, Poulsbo, Room 220
Pre-Registration Required
Eighth in a series of monthly, local food systems courses for new and beginning farmers and producers. Participants are strongly encouraged to attend both classes, as they build off each other.THIS MONDAY! Farm Financial I
Early Bird until Feb. 21 – $15
After Feb. 21 – $20
Guest Speakers:
- Farm Record Keeping – Ronnie Smith, Smithshyre Farm
- Enterprise Budgets – Diane Fish, Kitsap Conservation District
- Farm Accounting and Financial Statements – Peggy Hall, Legacy Accounting and Kitsap Community Agricultural Alliance
Both classes are focused on the nuts and bolts of the behind the scenes of your farm – your financial planning. In this first class, learn about creating basic farm accounting systems and financial statements; creating a utilizing enterprise budgets for each enterprise of your farm (think egg production, row crop veggies, blueberry, meat, etc); and exploring the foundations of farm record-keeping principles to aid in your financial growth and sales projections.
Farm Financial II
Early Bird until March 14 – $15
After March 14 – $20
Guest Speakers:
- Preparing for a farm lender and the 5 C’s of Credit – Jess Sarsfield, Northwest Farm Credit Services
- Access to Capital – Erika Lindholm, Craft3
- Stopping the Guesswork for the Future: How to Understand Break Even and Cash Cycles – Paul McClellan, Corvus NW
Second class in the series, participants will learn about access to capital for farmers; farm lending programs; what to prepare for when seeking a farm loan/lender; the 5 C’s of good credit; understanding cash flow, sales projections, and surviving success. |
