Mar
26
2020-03 The Business of Farming - CANCELLED (PUBLIC HEALTH)
Time: Every Thursday from 1:00 PM to 5:00 PM Until 4/2/2020
Venue:
PLEASE NOTE: THERE IS A MAX CAPACITY OF 20 STUDENTS.
Please be sure that anyone else you register for the class is 1) not registered already, and 2) is committed to attending both classes. If you do register but are unable to attend for whatever reason, please let us know ASAP so we can quickly give your space to someone else.

Also: "Signing up" for ACE MV's registration portal and registering for a class are two different processes (signing up and/or logging in (step 1) allows you to register for a class (step 2)). Please be sure you have registered for the class. Once you have registered, if you do not receive an emailed receipt or confirmation of your place in the class, please contact us at info@acemv.org or 508-693-9222.

THE BUSINESS OF FARMING
2-Day business workshop FREE for FARMERS
Thursdays 1-5pm March 26 & April 2
The Ag Hall, West Tisbury
Pre-registration is required

Julia Shanks – author of “The Farmer’s Office: Tools, Tips and Templates to Successfully Manage a Growing Farm Business” – works with food and agricultural entrepreneurs to help them achieve and maintain financial sustainability. She provides technical assistance and business coaching that enables entrepreneurs to launch, stabilize and grow their ventures.  For a preview of the kind of information Julia will provide, see: https://thefarmersoffice.com/

The program will meet two weeks in a row. In the first session, we will discuss tools for looking back at the past growing seasons and evaluate how things went. Specific topics will include:

  • Record keeping including bookkeeping systems and an overview of QuickBooks
  • Reading financial statements to better understand profitability and cash flow
  • Channel analysis – how to evaluate the profitability of different crops and/or sales channels.

The second session will provide ways to assess opportunities for future growth or changes in operations.  Topics will include:

  • Cash Flow Budgeting (we will also address some of the questions/concerns about the seasonal economy)
  • Enterprise Analysis  - how to evaluate new opportunities
  • Preparing for financing

There will be plenty of time for Q&A, so bring your numbers and your questions.