COBLESKILL, N.Y. — Cornell Cooperative Extension Schoharie and Otsego Counties (CCE) will host two farm business management programs to benefit existing and beginning farm producers. These programs will be followed as needed by one-on-one sessions in farm business planning.
The cost is $20 per session or $30 for both sessions. Additional family members may attend for $10 per person, per session. Space is limited. Registration is required by Monday, May 8, 2017, by calling 518.234.4303 or email email@example.com. Payment must be made at the time of registration. Both sessions will be held at the CCE Extension Center, 173 South Grand Street in Cobleskill. For more information contact David Cox at 518.24.4303 (x119), or email firstname.lastname@example.org.
Elizabeth Higgins, Business Management Specialist with the Eastern NY Commercial Horticulture Program, will present Bookkeeping, Accounting, and Record Keeping on Wednesday, May 11, 5:00 to 8:00 p.m. With financial records being at the core of any successful business, session topics will include: 1) Introduction to Business Basics and Accounting, 2) Financial Recordkeeping and 3) the Ins and Outs of QuickBooks and other recordkeeping systems.
The second session, Creating a Business Plan: The Key to the Future, will take place the following Wednesday evening, May 18, also from 5:00 to 8:00 p.m. A solid business plan is the blueprint of a farm business. Session topics will cover: 1) Business Description, Purpose, Mission, and Goals; 2) “The” Product; 3) Market Analysis and its Potential; 4) Marketing Plan and Strategies; 5)Management Team / Personnel; 6) Key Elements of the Operation; 7) Financial Planning and Profit and Cash Forecasts; and 8) Potential Profitability. Bring a computer, if you have one to the session so that you can start working on the plan for your farm.
Who should attend? Diversified farmers, large and small animal livestock producers, and horticultural businesses interested in developing and/or updating an existing business plan as well as those who want to learn more about setting up a financial recordkeeping system.
—Cornell Cooperative Extension Schoharie and Otsego Counties
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