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Participate In Farm$en$e Workshops

Posted: November 20, 2015

Farm$en$e is a four session workshop that teaches farmers how to understand financial statements such as the cash flow statement, the balance sheet, and the income statement. Course participants will learn how to use financial records to make informed financial and production decisions. These skills will strengthen the farm business and improve relationships with business partners.

The workshop will be held January 14, 21, 28 & February 4, 2016 (10:00 a.m. - 3:00 p.m.) at Penn State Extension, Mifflin County 152 East Market Street Lewistown, PA 17044. Topics covered include: Cash Management, Net Worth, Profit and Loss, Budgeting and Scenarios, Managing for Farm Disasters, and Production Planning.

Class participants will create their own custom financial records and outline a business plan for their farm. This course offers hands-on learning and homework assistance (one hour prior to sessions two, three and four, and one hour after all four sessions) from instructors. Pre-registration is required. All those attending must register. Walk-ins will not be accepted. To register or for more information call 814-445-8911  Extension 7.

(Contributed by Leon J. Ressler, District 17 Director as part of his Now Is The Time Column for November  21, 2015.)