Completed Project Report


Whole Farm and Enterprise Financial and Production Records and Analysis to Improve Business Planning and Profit, Adapt Technology, Improve Family and Business Relationships and Communication, and Improve Farmer Well-Being

  • Award Amount: $48,724
  • Regional Center: Western Extension Risk Management Education Center
  • Grant Program: 2020 Education Projects

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Project Overview

Regular one-on-one instruction and some online workshop activities grew the participants' base of knowledge in financial and production record keeping and year-end whole farm and enterprise analysis, including benchmarking and strategic planning and reduced financial and production risk and areas of human risk, including mental and physical well-being and family and business communication and relationships. 

Individualized training included 1) developing a full fiscal year's monthly financial record keeping, account reconciliation, and production record keeping, including livestock grazing activities, 2) preparing financial and production records and thorough accounting of all current, intermediate, and long-term assets and liabilities in preparation to complete a whole farm and enterprise analysis, and 3) benchmarking for strategic business planning, including marketing.

Number of Participants: 28

Outcomes

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

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DELIVERY AREA

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INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES