BROOME CO., N.Y. — Low revenue and tight cash flow are a part of any farm business. It brings stress ranging from unhappiness to family breakups and even suicides. There are renewals, new hopes, and a sense of accomplishment from hard times.
Annie’s Project Know Your Numbers and Know your Options (KYNKYO) is a workshop series designed to deliver basic farm financial literacy that will empower farm women to understand better how financial statements assist in making rational decisions. KYNKYO helps farm women effectively communicate with their families, business partners, and lenders.
This five-part workshop series comprised five-two hour zoom meetings and work at home. From participating in this workshop, you will:
- Successfully prepare key financial statements for your farm business (balance sheet, income statement, and cash flow statement).
- Learn ways to critically review the financial statements (using ratio analyses) better to understand the financial position of your farm business.
- Expand your farm decision-making skills by learning about some essential decision-making tools.
- Start (or enhance) management team meetings for your farm business.
The workshop series will be held on Tuesdays beginning on January 25, 2022, and conclude on February 22 from 12:30 pm – 2:30 pm. The cost to participate is $100. Veterans can receive reimbursement of the registration fee if they complete the workshop. For those experiencing financial hardship, don’t hesitate to contact Katelyn to discuss scholarship opportunities. FSA Borrower Training Credits have been approved for this series.
To register online, follow this link tinyurl.com/cceannies. For more information, contact Katelyn Walley-Stoll. Katelyn can be reached at 716.640.0522 or by email at kaw249@cornell.edu. Registration is limited to 30 farms, so sign up early.
Cornell Cooperative Extension is an employer and educator recognized for valuing AA/EEO, Protected Veterans, and Individuals with Disabilities and provides equal program and employment opportunities.
If you have a disability and need materials in an alternate format, contact kaw249@cornell.edu or 716-640-0522 for assistance.
–Cornell Cooperative Extension of Broome County
