Can you tell a friend what managerial accounting is?
Have you ever wondered how you can make money on paper and have no money in your checkbook?
Is adding more productive units the only way to improve profitability?
If you answered "no" to any of these questions, then Harvesting a Profit, Farm Credit East's Profitability Guide, is for you!
Harvesting a Profit explains how to measure profitability in agriculture. It is targeted for students or farmers beginning a career in production agriculture with minimal exposure to financial analysis, farm management, marketing and economics. Harvesting a Profit emphasizes the positive side of agriculture. Although geared toward production, any business can use it in their planning and control.
To order your copy of Harvesting a Profit, contact Marianne Kukulka at Marianne.Kukulka@FarmCreditEast.com or 800.562.2235.
Farm Credit East, along with more than 20 supporting organizations, will hold a three-part webinar series geared towards beginning and start-up farmers. This series, entitled Harvesting a Profit, will cover basic business management topics for small- to mid-sized farms, such as understanding financial statements, planning and measuring profitability.
Harvesting a Profit: Understanding Financial Statements to Improve Profitability
Friday, November 6, 2015
Harvesting a Profit is an introduction to accounting and financial management for your farm business. This webinar will help you to understand your business's financial statements, accounting methods and measure profitability. The webinar will conclude with a case study to review the financial results of a sample farm. View the recording
Harvesting a Profit: Benchmarking your Business with an Agribusiness Analysis
Friday, November 20, 2015
12:00 - 1:30 PM
This webinar will help you understand how to use profit measures effectively, set goals and benchmark your business against others in the industry. It will also cover management styles and gross margin analysis. The webinar will conclude with a case study reviewing the topics covered in this session. Register now
Harvesting a Profit: What is a Lender Looking For?
Monday, November 30, 2015
12:00 - 1:30 PM
This session will discuss how to finance your business and the "Five Cs" of credit your lender looks for. It will include an interview with Keith Stechschulte, Enfield Branch Office Manager, who will discuss how to "do your homework" before heading to the bank. The session will conclude with a review of key financial statements and a summary case study. Register now