Financial Planning & Management
Agribusiness Planning & Management
Pricing Your Farm Products (University of Vermont, undated, PDF)
Factsheet that offers some considerations to keep in mind to help with pricing decisions.
Extending the Season: Six Strategies for Improving Cash Flow Year-Round on the Market Farm (University of Illinois Extension, 2009, PDF)
This book is designed to stimulate ideas for products that you may want to consider for market through season extension systems.
Is My Farm Activity a Hobby or a For Profit Business (University of Vermont Extension, 2007, PDF)
A factsheet that helps stipulate the difference between a farm hobby and business.
Building a Sustainable Business: A Guide to Developing a Business Plan for Farms and Rural Businesses (Minnesota Institute for Sustainable Agriculture, 2003, PDF)
Building a Sustainable Business: A Guide to Developing a Business Plan for Farms and Rural Businesses brings the business planning process alive to help today’s alternative and sustainable agriculture entrepreneurs transform farm-grown inspiration into profitable enterprises. Sample worksheets lend a practical perspective and illustrate how real farm families set goals, researched processing alternatives, determined potential markets, and evaluated financing options. Blank worksheets help the reader develop a detailed, lender-ready business plan or map out strategies to take advantage of new opportunities.
PRIMER for Selecting New Enterprises for Your Farm (University of Kentucky, 2000, PDF)
This publication is designed to help producers evaluate new enterprises for their farms or family businesses.
Conducting a SWOT Analysis of Your Agriculture Business (Ohio State Extension, 2007, PDF)
A guide to analyzing the strengths, weaknesses, opportunities and threats facing your business, which provides valuable information to keep you competitive.
You’re Guide to FSA Farm Loans (USDA, undated, PDF)
This guide was written for people who need assistance starting, expanding, or owning a farm or ranch. This guide will help you identify concerns and questions you may have before you start the loan process.
USDA FSA Website (USDA, 2014, website)
Information regarding programs and services offered by FSA.
FSA Microloans Program (USDA, 2013, website)
FSA Microloan program fact sheets.
AgSquared (AgSquared, 2011, website)
Record-keeping software tailor-made for small farms
Record Keeping Instructions and Templates for Small-Scale Fruit and Vegetable Growers (Farmers’ Legal Action Group, Inc, undated, PDF)
This link contains an interactive record-keeping template, with worksheet instructions, for use by small-scale fruit and vegetable growers. These templates are: 1) Production Record: Planting and Harvesting, or Production Record: Planting and Production Record: Harvesting; 2) Weekly Market Load List & Sales Record; and 3) Monthly Operating Expenses.
Recording and tracking your costs (Rodale Institute, 2005, website)
The goal of this fact sheet is to help you tap the full value of your existing records (even if they’re very simple) to determine product costs.
Establishing and Using a Farm Financial Record-Keeping System (eXtension, 2012, website)
Farm business decisions that are not based on accurate farm records may lead to less profit. This information illustrates the efficient management of a farm operation requires sound record-keeping and record analysis.
Sample Budget for an on-farm festival (UC Davis, undated, PDF)
Use this budget to estimate the costs and returns for an on-farm festival or similar agritourism venture.
High Tunnel Production and Budgeting Resources (unknown source, PDF)
Links to several high tunnel enterprise budgeting tools and articles.
Financial Statements & Farm Financial Ratios
Farm Financial Statements (Iowa State University Extension and Outreach, 2013, PDF)
The relationship between the four major statements is illustrated in this publication
Keeping Your Business on track (The University of Maine Extension, 2002, website)
A resource on what are financial statements, what will they do for me and sample formats
Partial Budgeting: A Financial Management Tool (Rutgers Cooperative Extension, undated, PDF)
This manual is designed to serve as a guide to using partial budgeting. It is intended to provide a framework on how to construct a partial budget that can meet your farms unique requirements.
Understanding Key Farm Financial Ratios and Benchmarking (Northwest Farm Credit Services, undated, website)
This link helps you understand the importance and usefulness of financial ratios. It helps you understand how farm managers can use the information to assist in decision-making and goal setting and to compare their business performance to that of similar operations; and how lenders and other creditors can use the same information to evaluate your farm’s credit risk.
Farm & Food Safety | Sustainable Agriculture