Business Basics for Beginning Farmers
Farm Credit East’s Director of Knowledge Exchange, Chris Laughton, presented several financial topics relevant to people either running an early-stage farm enterprise or considering starting one. This one-hour webinar on December 19 presented:
- Financial Statements: What they are, how to read them and why they are useful
- Budgets and Cash Flow: How to put together a budget and why it’s important to your enterprise
- Credit and Financing: How to approach a lender, sources of financing and how credit decisions are made
For a PDF of Chris's presentation, click here.
For two cash flow budget examples, click below to download.
- Cash Flow Budget 1 - grass fed beef example
- Cash Flow Budget 2 - CSA example
For more information, contact Chris.Laughton@FarmCreditEast.com
Click below to view the recording of this webinar.